PILOT°
by Latitude Brokers
Historical Data
Steamship Mutual
S&P rating A. Club Manager: Steamship Mutual Management (Bermuda) Ltd. Operational HQ: London. Asian Offices: Hong Kong, Singapore and Tokyo
COMPARE CLUB DATA
|
2017-18 |
2018-19 |
2019-20 |
2020-21 |
2021-22 |
| General Increase on ETC |
0.00 |
0.00 |
0.00 |
7.50 |
5.00 |
| Percentage called of ETC |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
| Release calls latest estimate |
0.00 |
0.00 |
12.50 |
12.50 |
12.50 |
| Owned GT (Millions) |
84.3 |
85.6 |
85.6 |
88.4 |
95.7 |
| Chartered GT (Millions) |
66.7 |
74.5 |
75.5 |
68.1 |
81.0 |
| Combined GT (Millions) |
151.0 |
158.1 |
160.1 |
156.5 |
176.7 |
| Total Call Income (US$ Millions) |
294.1 |
282.1 |
282.2 |
260.5 |
284.6 |
| Free Reserves (US$ Millions) |
516.0 |
467.1 |
515.4 |
511.1 |
473.5 |
| Combined Ratio |
102.73 |
106.61 |
119.35 |
123.49 |
123.80 |
| Investment Yield |
3.25 |
1.43 |
5.59 |
4.50 |
-0.35 |
NOTES
Call Structure: 100% Estimated Total Calls
Key Development Statistics
PY 2021-22 Tonnage
As per Policy Year 2021-22
| Owned GT (Millions) |
95.7 |
| Market Share of Owned GT |
6.94% |
| Chartered GT (Millions) |
81.0 |
| Combined GT (Millions) |
176.7 |
| Free Reserves (US$ Millions) |
473.5 |
| Total Call Income (US$ Millions) |
282.6 |
| Free Reserves per Combined GT (US$) |
2.7 |
| Total Call Income per Combined GT (US$) |
1.60 |
| Free Reserves to Total Call Income Ratio |
167% |
| Current 5-year average combined ratio |
115% |
| Current 5-year average investment yield |
2.88% |
| Last Unbudgeted Call |
2008 |
| Last Return of Call |
2019 |
| Europe | 40.10% |
|---|
| Asia Pacific | 41.40% |
|---|
| Americas | 13.5% |
|---|
| Rest of the World | 4.00% |
|---|
| Bulkers | 34.00% |
|---|
| Containers / General Cargo | 31.00% |
|---|
| Offshore | 0.00% |
|---|
| Passengers | 10.00% |
|---|
| Tankers / Gas Carriers | 21% |
|---|
| Others | 3.00% |
|---|
| % of Owned GT | 54.16% |
|---|
| % of Chartered GT | 45.84% |
|---|
COMPARE CLUB DATA
