In a captivating segment on Ntv’s Bakshi program, maritime heavyweights Noyan Doğan, Lütfü Savaşkan (Chairman and General Manager of Türk Loydu), and Ufuk Teker (General Manager of Türk P&I) delved into the intricacies of ship insurance and classification, shining a light on Turkiye’s vital role in maritime safety and security.
Weathering the Storm: P&I Insurance Steps Up
Ufuk Teker, representing P&I (the insurance company for the “Kafkametler” ship tragically lost in November’s storm), offered insights into the devastating event. He described the storm’s tropical-like intensity, causing widespread damage across the Marmara Region, Black Sea, and Yalova Shipyards. Millions of dollars in losses were incurred, highlighting the crucial role of maritime insurance in such situations.
Teker explained the dual pillars of ship insurance: hull insurance for physical damage and P&I for liabilities related to personnel, cargo, and the environment. In the Kafkametler incident, P&I covered personnel expenses like hospital bills and death compensation, exemplifying the multifaceted support such insurance provides.
Beyond Shipwrecks: Ensuring Global Maritime Safety
Lütfü Savaşkan shed light on classification societies like Türk Loydu and their dedication to maritime safety. He emphasized their focus on protecting not just ships and their passengers, but also the environment and surrounding ecosystems. This holistic approach extends beyond traditional maritime operations, encompassing activities in the defense industry and other industrial sectors.
Reaching New Horizons: Türk Loydu’s Global Expansion
A significant milestone for Türk Loydu was becoming the 12th member of IACS (International Association of Classification Societies). Savaşkan highlighted the implications of this achievement, stating, “We are no longer limited to Turkey alone. Being a member of IACS necessitates becoming a global company, spreading our business network around the world.”
Türk Loydu’s Defense Industry Prowess
Savaşkan proudly declared Türk Loydu as the most active IACS member in the defense industry. Their involvement in over 200 military ship certifications, including prestigious projects like TCG Anadolu and MİLGEM, speaks volumes about their expertise. Their reach extends beyond Turkiye’s borders, with participation in projects for the Turkmenistan, Qatar, Pakistani, Ukrainian, Nigerian, and Angolan Navies.
“Türk Loydu has a great impact on the Defense Industry,” Savaşkan stated, “and participating in these projects is very important for our development.”
Key Takeaways:
P&I insurance covers liabilities beyond physical ship damage, offering comprehensive support in maritime incidents.
Türk Loydu’s focus extends beyond ships, encompassing environmental protection and industrial safety.
Becoming an IACS member propels Türk Loydu towards global expansion and increased industry influence.
Türk Loydu plays a vital role in Turkiye’s defense industry, contributing to numerous high-profile projects.
Keywords: #TurkishMaritime #P&Iinsurance #TürkLoydu #IACSMember #DefenseIndustry
Company Profiles:
Türk Loydu: https://iacs.org.uk/news/turk-loydu-new-membership
Türk P&I: https://www.turkpandi.com/en/home
Hashtags: #TurkiyeDenizcilik #GlobalGüvenlik #SavunmaSanayi