Members are referred to Circular 9/15 informing Members that non-tank vessels in transit through Western Alaska waters en route to or from a US port are required to follow Alternative Planning Criteria (APC) in order to fulfil federal requirements.
The International Group and the shipping line members of the Cargo Incident Notification System have collaborated to produce a new set of guidelines for the carriage of Calcium Hypochlorite in containers
The European Union and the United States continue to apply trade sanctions against the Government of Syriaand a number of designated Syrian persons and entities. This circular provides an overview of key sanctions that apply to Syria shipping and related insurance activities
Review of open policy years: 2013 policy year closed, Open years developing in line with expectations
The International Group recommends that the 2011 Inter-Club Agreement should be applied to all NYPE/Asbatime charterparties. The Group has therefore drafted a charterparty clause to promote the application and incorporation of the 2011 Agreement into all NYPE/Asbatime charterparties.
OUTLINEThe International Group has purchased €100 million of “fall-back” cover to respond to any reinsurance recovery shortfalls.“Fall-back” does not provide a long term solution to Members’...
Members are referred to our Circular 3/16 concerning Iran sanctions.This Circular is intended to update members on the latest developments in relation to the interim and longer-term solutions to the reinsurance recovery shortfall risk under the Group General Excess Loss reinsurance programme and Hydra retrocession programme.
TO THE MEMBERS, BRITANNIA AND UK P&I CLUBS IN MERGER DISCUSSIONS The boards of The Britannia Steam Ship Insurance Association Limited and, The United Kingdom Mutual Steam Ship...
Iran trading – P&I cover - Members are referred to Circular 18/15 concerning developments with regard to Iran sanctions. This Circular is intended to assist Members when deciding whether to trade to/from Iran by explaining what P&I cover is available as well as identifying any possible shortfalls in cover. Some of the matters detailed below may also apply when Members’ ships trade to/from other countries which are subject to US sanctions.
At their meeting on 1st February 2016, the Directors reviewed the basis on which special war risks P&I cover could be made available to Members in accordance with the proviso to Rule 5E and determined that this cover should be made available to Members for the 2016 policy year in accordance with the terms of the attached Directors’Resolution of 1st February 2016.