Eagle Ocean Marine Celebrates Ten Years Of Service To The Maritime Community
Eagle Ocean Marine (EOM), the American Club’s facility providing fixed premium protection and indemnity (P&I) and freight, demurrage and defense (FD&D) cover to the operators of smaller vessels in regional trades outside the US, recently celebrated ten years of service to the maritime community.
EOM began operating as an American Club underwriting facility on July 1, 2011. It has just completed its first decade of operations on a high note, having enjoyed steady growth and solid profitability over recent years. The commencement of EOM’s eleventh year has also been marked by the successful renewal of its reinsurance arrangements, supported by the continuing commitment of first-class security at Lloyd’s and elsewhere, a reflection of EOM’s excellent track record and the sustainability of its business model.