New terms were agreed for the Club's hybrid capital bond on 7 June 2013. The new terms were concluded through a process of 'consent solicitation'. Full details of the background information on the consent solicitation process were published on the Club's website
In response to Normative Instruction 1356/13 by Brazilian Customs Authority, changes were implemented regarding release of cargo without original Bills of Lading.
Group clubs have agreed to extend standard P&I cover to include repatriation in cases of insolvency and other circumstances listed in the MLC
The Agri-food & Veterinary Authority of Singapore (AVA) has released an advisory reminding all parties regarding the Endangered species Act (ESA), the penalties under it and recent cases of Seizure of illegal wildlife being transhipped.
Following a recent case where a provisional fine of over 400,000 USD was imposed, the Club would like to remind members about the need to comply with local Customs regulations in Argentina.
Circular 9/13: Review of Open Policy Years
13/05/2013
2010 policy year closed. Open years developing in line with expectations. Surplus of $9.5 million for the financial year 20th
The United States Coastguard has released a Marine Safety Alert detailing the dangers of Surge Protective Devices onboard vessels.
883 - 05/13 - Water Mist Systems - US
03/05/2013
The Club has been advised of a number of recent detentions involving the Water Mist Systems being disabled or being left in an inoperable condition.
884 - 05/13 - US Customs Issues - US
03/05/2013
The Club has been advised of a number of recent claims in the US involving crew visas and security concerns when crew members are detained.
How to comply with MARPOL Annex V
03/05/2013
New amendments governing cargo classification and the discharge of cargo hold wash water" is a new publication produced by the Club, in partnership with ITOPF