In December 2015, China's Ministry of Transport issued new rules governing the prevention and control of vessel-sourced pollution in inland waters.
On 7 March 2016, Belgium became the 48th country to ratify the Ballast Water Management Convention. The accession of Belgium brings the aggregate percentage of the world's merchant fleet tonnage to 34.82.
Iran Sanctions - "Fall-back" Reinsurance
09/03/2016
Stay informed on Iran sanctions and reinsurance updates
Circular 3/16:Iran trading - P&I cover
19/02/2016
Iran trading - P&I cover -
Air Emissions Update in China
15/02/2016
China MSA recently issued the Notice on Strengthening the Supervision and Management on Emission Control Areas for Vessels including the Guideline of Supervision and Management
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.
Yangtze River Delta will take the lead in implementing the Emission Control Areas (ECAs) for vessels. The implementation will take place in two stages.
Risk Focus: Master Pilot Exchange
26/01/2016
Solis Marine Consultants is very pleased to be working together with the UK P&I Club to highlight some of the practical aspects of the pilot/master exchange which is a critical part of any passage for the master and bridge team.
Given the global announcement of "Implementation Day" - that there will be a lifting of sanctions on Iran, the Club and IG are examining closely what this actually means in reality for Iran's oil, gas, shipping, petrochemicals, insurance and financial sectors, and importantly for those owners/operators wishing to engage business with Iran.
Swift, innovative action and a pragmatic salvage approach averted a potential maritime disaster involving liquefaction of nickel ore cargo
Risk Focus: Mooring
04/01/2016