Circular 12/12: Annual General Meeting
09/10/2012
Circular 13/12: NRC and MSRC - Addenda Concerning Use of Dispersants to Contracts for Tank Vessels
05/10/2012
US oil spill response organisations' (OSROs) standard service agreements often include an addendum that does not comply with Group guidelines. Members agreeing to such an addendum may incur liabilities that are outside Club cover. National Response Corporation (NRC) is the latest OSRO to adopt such a non-compliant addendum to its service agreements. Group guidelines on VRP service agreements and the addendum are published in Club
Risk Focus: Loss of Power
03/10/2012
Increasing numbers of main engine failure related incidents and accidents following blackouts have led to a data collection exercise by the UK Club's risk assessors and a detailed analysis of more than 700 claims which has given cause for concern. A significant number of these claims for third party property damage, many of which were enormously expensive and in some cases amounted to millions of dollars could be attributed, directly or indirectly, to main engine failures or electrical blackouts.
PLR takes effect from 31 December 2012. It applies to all ships carrying more than 12 passengers and either registered in or trading to an EU/EEA Member State. Certification of insurance for liabilities up to SDR 250,000 per passenger under the Athens Convention will be required by the PLR. The Club will be issuing non-war Blue Cards to facilitate owners' application for State certificates in advance of 31 December 2012. Group clubs do not provide primary war risks cover. Arrangements for alternative means of compliance with the PLR requirement for a war risks Blue Card are currently under discussion within the International Group. Further developments should be announced shortly.
Maritime Labour Convention (MLC 2006)
21/09/2012
LC 2006 is a comprehensive international labour convention coming into force in 2013 that sets out seafarers' rights to decent conditions of work and helps to create conditions of fair competition for shipowners.
The UK P&I Club (the UK Club), one of the oldest shipping protection and indemnity insurance mutuals, formally announces a reorganisation of its structure to establish the UK Europe as the sole provider of direct insurance business to UK Club Members. The new structure will take effect from February 2013 and does not impact members in the 2012 policy year.
Bahamas - MLC 2006 compliance resources
30/08/2012
Regulations and advisories in relation to Bahamas ratification of the MLC 2006 and its implementation through national maritime legislation.
New Executive Order on Iran
01/08/2012
Stay informed on the new Executive Order on Iran signed by President Obama on August 1, 2012
European Commission closes investigation
01/08/2012
The European Commission has today announced that it has closed its review of the International Group's claims-sharing and reinsurance arrangements
New Iran Sanctions Legislation Bill
01/08/2012
The House and Senate conferees have come to an agreement regarding new Iran sanctions legislation
Additional US sanctions on Iranian companies, including shipping organisations - July 12 2012
16/07/2012
This US Treasury press release and attached papers explains how the United States is imposing additional sanctions on Iran's nuclear and ballistic missile proliferation networks. It is also taking additional steps to prevent the evasion of sanctions by publicly identifying a group of Iranian front companies and banks designating 11 entities and four individuals under Executive Order 13382.