Members’ attention is drawn to the attached update on the 2019 tariffs for pollution fines in Turkish waters
The arrangements for the renewal of the International Group General Excess of Loss (GXL) reinsurance contract for 2019/20 have now been confirmed.
OUTLINE Members are reminded of Circular 4/18 which outlines the effects of the US withdrawal from JCPOA If Members conduct Iranian trade, they are advised to do so with great caution,...
The increasing willingness by jurisdictions to accept P&I Clubs’ LOUs to constitute limitation funds is a welcome trend for shipowners and P&I Clubs.
Financial Security Arrangements - FAQ updated Sept 2018 International Group FAQs for Members
The International Group has engaged extensively with the (OFAC) in the U.S. and its European counterparts to explain some of the practical effects arising from the reactivation of U.S. secondary sanctions
Essential maritime security guidance for the shipping industry is now available through a dedicated website.
Following the President’s May 8, 2018 decision to withdraw from the JCPOA and to begin re-imposing the U.S. nuclear-related sanctions OFAC issued a Frequently Asked Questions document which was updated on 27th June 2018. OFAC...
UK Club launches global maritime competition to improve safety at sea
The decision by President Trump announced on 8th May, 2018 to cease the US participation in the JCPOA and to begin re-imposing US nuclear-related sanctions which were lifted to implement the JCPOA, is likely to have significant ramifications for maritime trade with Iran and the insurance of such trade.