HM Treasury issued a Financial Sanction / Counter Illicit Finance Notice (the "Treasury Notice") on 27 October 2010 witha detailed commentary on the EU Regulation.
Advice from Chalos & Co of New York regarding the US President's Executive Order relating to sanctions against Libya
The Club has despatched a copy of the Nautical Institute publication "Bulk Carrier Practice" (2nd edn.) to its dry bulk carrier operator Members. Also in the package are the "Bulk Matters" DVD which addresses the causes and prevention of dry bulk cargo claims and the latest iron ore fines "aide-memoire".
Iron Ore Fines - Aide Memoire
10/02/2011
A guide to Masters, owners and surveyors in the legal requirements for testing and carrying Iron Ore.
Stowaways checklist
10/02/2011
uidance in steps to take in preventing and dealing with stowaways.
The additional premium system for tankers carrying persistent oil to or from the United States will continue for the 2011 policy year. Rates have been reduced by 12.5 per cent.
Limit on Special War Risks P&I cover for 2011 policy year remains US$500 million. "Bio-Chem" exclusion remains and a supplementary cover for "Bio-Chem" risks in respect of crew & legal
Circular 3/11: 2011 Policy Year
08/02/2011
Club retention maintained at US$8 million for 2011. Pooling retention increased to US$60 million for 2011. Oil pollution claims remain subject to a special limit under Rule 5B(ii) of US$1,000 million for owned ships. War risks P&I and US voyage surcharge premiums reported separately in Club circulars 1/11 and 2/11. Charterers P&I cover limited to sums recoverable from reinsurers for claims in excess of US$100 million.
Annexe to Circular 28/10: Charterparty Clause - Financial Security in respect of Pollution
28/01/2011
Recommended pollution charterparty clauses were circulated to Members in 1990 in response to prospective oil pollution legislation in the United States of America and amended and consolidated in 1996 and 2008.