The Resolution for consideration at the SGM on 20th January 2012 (ref Circular 17/11) was passed.
OUTLINEA Special General Meeting will be held on the 20th January 2012 in BermudaThe purpose of the SGM is to consider amending the Club's Rules
OutlineEuropean Union (EU) states are required to bring into the necessary laws into force to comply with the EU Insurance Directive before 1 January 2012.
The International Group understands that the 1 January 2012 deadline to contract with an approved spill response contractor will still be enforcedA partial list of approved ‘ship pollution response organisations’ (SPROs) is available – see Annex I of this circularAn International Group recommended contract for SPROs including supplemental clauses is attached in Annex IIA recommended authorisation letter for appointing agents in China to sign the contract with SPROs on a Member’s behalf is also attached – see Annex IIIAn SPRO appropriate to ship type and size must be contracted. A guide to levels of SPRO is attached in Annex IVCharges proposed by SPROs vary widely and may be excessive compared to responders in other jurisdictions
The issue of lists of all approved contractors by China's MSA is postponedThe requirement to contract with an approved clean up contractor will still be enforced in all Chinese ports from 1 January 2012The Club's Legal Briefing “Chinese marine pollution laws” of July 2010 provides an overview of this legislationThis circular refers to previous circulars 7/11, 26/10, 14/10, 15/09 & 12/09.
OUTLINEReport of the AGM proceedings and resolutions adoptedTO THE MEMBERS Dear Sirs ANNUAL GENERAL MEETING REPORT At the Annual General Meeting held on 17th...
OUTLINEGeneral increase for the 2012 policy year is 3 per centAny increase or decrease in the cost of the International Group reinsurance will be passed on to themutual Members.
This circular provides details of the AGM of the Club in Athens on 17th October 2011 and thearrangements for voting by proxy.
Under new US Coast Guard requirements, tank vessel response plans must cite an oil spill response organisation (OSRO) with capability for applying dispersants by air. MSRC has amended its service agreement for tank vessels by addition of a 'dispersant addendum' which contains indemnities that do not conform to the International Group's US VRP guidelines. Details of additional market cover are available from the Managers. No such addendum has been introduced by NRC at this time. There is no similar requirement for non tank vessels and most VRPs for non tank vessels are therefore unlikely to refer to dispersant capability in their citation of MSRC, in which case no action is required. Members should, however, confirm this by directly checking their VRPs or consulting their plan writers.