The Club wishes to remind Members of the liquefaction risks during the carriage of nickel ore, as the shipping community continues to witness further casualties.
Group A Cargos of the IMSBC code prove a real and present danger to the stability of the ship if allowed to liquefy, as the free surface flow effect and cargo shift can cause the ship to capsize with little or no warning.
As such, the Club wishes to remind Members that as per the attached circular they are required to notify the Managers if they intend to load a cargo of lateritic nickel ore as early as possible before loading commences.
Members requiring further information should contact their usual Club contact.
On 17 March 2022 the UK Government published a General Trade Licence in part to clarify earlier amendments to the UK Russia (Sanctions) (EU Exit) Regulations (the “Regulation”). Specifically, the licence addresses the issue as to whether it is lawful under the Regulation for insurers and reinsurers domiciled or operating from the United Kingdom to provide insurance for vessels calling at Russian ports or transiting Russian territorial waters.
