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Canada: New carrier code regime takes effect 15th July 2013

17/06/2013 -

The Canada Border Services Agency (CBSA) has announced that carriers calling at Canadian ports will require a new carrier code to participate in its electronic system for advising cargo information on incoming voyages before...

Update on ratifying states accepting Club Certificates as financial security for MLC

12/06/2013 -

The number of MLC ratifying states that have agreed to accept a Club Certificate of Entry as evidence of owners financial security for the Maritime Labour Convention has increased to 18 with the addition of Singapore and Sweden

UK P&I Club announces new terms for Hybrid Capital

07/06/2013 -

London 7th June 2013, the UK P&I Club, one of the oldest shipping protection and indemnity insurance mutuals, today announces that it has completed the consent solicitation process on its hybrid capital bond (the Capital Securities)

Circular 11/13: Amendment of terms for Hybrid Capital Bond through Consent Solicitation

07/06/2013 -

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

Risk Management – The Future: Café-style

07/06/2013 -

The UK Club’s Asia team set out to answer the question “What is the Club doing to help Members reduce claims and premium?”

Hybrid capital – UK Club undertakes consent solicitation process

30/05/2013 -

The first call date of the UK Club’s hybrid capital bond falls on the 22nd August 2013. Instead of calling the UK Club’s hybrid capital on that date, the UK Club is seeking consent to the amendment of some of its terms, including a revised coupon and extending the first-call date to August 2018.

Circular 10/13: Entry into force of the Maritime Labour Convention, 2006 (MLC) - Financial Security Requirements

24/05/2013 -

Group clubs have agreed to extend standard P&I cover to include repatriation in cases of insolvency and other circumstances listed in the MLC

Disciplined underwriting increases UK P&I Club free reserves to new high

14/05/2013 -

London – The UK P&I Club, one of the largest and oldest providers of mutual liability insurance to ship owners, today announces its financial results for the year ended 20 February 2013.

Risk Management Seminars in China

03/04/2013 -

In March 2013, The UK Club held a series of Risk Management seminars in China. Loss Prevention Director Karl Lumbers, Danny Ng, Helen Huang and James Zhang spent an intense week visiting over a dozen Members in Tianjin, Shanghai...

Member Survey Update

28/03/2013 -

All our Members and brokers were emailed this week inviting them to participate in the Member Survey this year. If you have not received a personal email from either Hugo Wynn-Williams or Christopher Brown inviting you to take part, please email us at member.survey@ukpandi.com .

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Industry developments

MLC 2006

The Maritime Labour Convention enters into force in August 2013 - resources, news & advice on implementation can be found in this dedicated section. READ MORE

International sanctions

Recent guidance & corresponding material in respect of international sanctions against various countries has been updated with respect to Syria. READ MORE

Piracy

Essential precautions and preparation against piracy, as well as additional information and resources, loss prevention advisories and useful external web links

China oil pollution

UPDATED 24 December: New FAQs on spill response contracts. China’s first comprehensive system of marine pollution regulations took effect from 1st March 2010, but many aspects are yet to be developed or advised.

MARPOL Annex VI

MARPOL Annex VI limits sulphur oxide and nitrogen oxide emissions from ship exhausts. It prohibits deliberate emissions of ozone depleting substances and establishes more stringently controlled special SOx Emission Control Areas (SECAS)

Click on a section below to see information collated from across the website on topical issues of interest to our Members

Insurance

Canada: New carrier code regime takes effect 15th July 2013

Update on ratifying states accepting Club Certificates as financial security for MLC

UK P&I Club announces new terms for Hybrid Capital

Circular 11/13: Amendment of terms for Hybrid Capital Bond through Consent Solicitation

Risk Management – The Future: Café-style

Hybrid capital – UK Club undertakes consent solicitation process

Circular 10/13: Entry into force of the Maritime Labour Convention, 2006 (MLC) - Financial Security Requirements

Disciplined underwriting increases UK P&I Club free reserves to new high

Risk Management Seminars in China

Member Survey Update

Industry developments

MLC 2006

International sanctions

Piracy

China oil pollution

MARPOL Annex VI

Emergency Contacts

Ship Finder

Insurance

Industry developments

MLC 2006

Piracy

Emergency Contacts

Ship Finder

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