Circular 3/16:Iran trading - P&I cover
19/02/2016
Members are referred to
Circular 1/16: 2016 POLICY YEAR
05/02/2016
For the 2016 policy year, the Club retention will increase to $10 million.The Group Pooling retention will remain unchanged at $80 million and continues to be insured by the Group captive, Hydra, and pre-funded by a premium contribution from each club. This premium is included in the reinsurance rates.
At their meeting on 1st February 2016, the Directors reviewed the basis on which special war risks P&I cover could be made available to Members in accordance with the proviso to Rule 5E and determined that this cover should be made available to Members for the 2016 policy year in accordance with the terms of the attached Directors'Resolution of 1st February 2016.
MSRC will no longer provide "CASP" & On Water Response Coverage for vessels calling at Port of Hueneme, California or southbound transiting of Santa Barbara Channel.
Circular 15/15: THE UK INSURANCE ACT 2015
19/11/2015
The UK Insurance Act 2015 (the "new Act") will come into force on 12 August 2016 (during the 2016/17 Policy Year).
At its meeting on 26th October 2015, the Board reviewed the financial position of the Club, the performance
Circular 14/15: General Meeting Reports
26/10/2015
At the Annual General Meeting held in Hong Kong on Monday 26th October 2015, the proposed resolutions
Circular 10/15: Safe Carriage of Nickel Ore
27/07/2015
Advance notice to the Managers of intention to load nickel ore cargoes from ports in Indonesia or the Philippines
New Alternative Planning Criteria (APC) service is available for non-tank vessels transiting Western Alaska waters
China's revised marine pollution regulation abolishes SPRO approval process, but SPROs are still required to comply with all legal requirements.