We provide protection and indemnity cover with other insurances for shipowners, charterers and offshore energy operators. We are S&P ‘A’ rated and one of the premier mutual P&I insurers by tonnage and membership.
Teams of marine and technical personnel provide advice and best
practices that underpin our ability to manage risks, deliver value and sustain financial security
Through offices in major hubs and a network of correspondents we cover
the globe, responding to incidents with immediate, practical advice and ongoing support to resolve matters as positively as possible.
Standard Club is a specialist marine and energy insurer known for its diverse membership, pioneering loss prevention expertise and attractive pricing.
The club continues to see variability of flow moisture point (FMP) values in iron ore in West Africa. Some cargoes are susceptible to moisture migration and owners should be vigilant and be aware that parcels of cargo presented for loading could be above the transportable moisture limit (TML) or even the FMP. There have been occasions where the FMP/TML from hold sampling has been found to be significantly different to that presented in the moisture certificate. The cause(s) for such differences have not yet been identified therefore additional caution should be exercised. It is recommended to appoint a surveyor to assist the Master during loading, and can testing should be carried out as per section 8.4 of the 2013 IMSBC Code. The certificate of TML should be within six months of the date of loading the cargo. The Master should monitor the cargo during the voyage as an added precautionary measure and look for signs of movement or expression of free water on the cargo surface not to be confused with seepage. During the voyage the Master should pump the bilges as necessary.
The attached Standard Cargo provides futher information. In case of doubt contact the club to seek advice.