News

At the Board Meeting held in Seattle on 21 October 2025, the following developments were reported

At the half year stage, the Club reported a Combined Ratio of 99.6%, with an underwriting surplus of US$ 0.6m, compared with 95.8% and US$ 5.4m at the same stage of the prior year.

At its recent meeting in Frankfurt, Germany the Board of Directors of the Gard group1 agreed the premium policy for the 2026 policy year.

PRC Special Port Fees on US ships – China announces implementation measures including exemptions for Chinese-built and other ships.

Gard presented today its half-year results for 2025, highlighting a robust financial performance supported by strong investment returns and ongoing financial resilience amid a more challenging claims environment.

On 18 July 2025, the EU adopted the 18th sanctions package against Russia. These measures can be found in Regulation (EU) 2025/1476 amending Regulation (EU) 833/2014 and Regulation (EU) 2025/1476 amending Regulation (EU) 269/2014.

The US Federal Maritime Commission (FMC) has initiated a non-adjudicatory investigation to examine whether foreign vessel flagging laws, regulations, or practices—including so-called “flags of convenience”—are creating unfavorable conditions for the foreign trade of the United States. This inquiry will also…

Steamship Mutual has issued London Circular L.462 and Europe Circular E.118 with regard to the recent Board Meeting held in London.

The Shipowners’ Club, the leading mutual P&I insurer in the smaller and specialist vessel sector, has reported encouraging results for the year ending 31 December 2024.

In response to the escalating conflict following the 22 April 2025 Pahalgam attack, the Government of India has enacted comprehensive trade restrictions against Pakistan, as per the following directives.