Maritime Labour Convention 2006 - Financial Security Requirements (April 2019 version)

IMPORTANT NOTE: The entry into force of the 2014 amendments to MLC on 18 January 2017 raised a number of complex and novel questions. These FAQs are intended to provide guidance to assist Members and Clubs in complying with the amendments. While efforts have been made to provide clarity, uncertainty remains on some aspects of the financial security requirements. There may also be differences in the way some states implement and enforce the amendments. These FAQs should not be regarded as providing definitive legal
advice and Members should also consult their flag state authorities.
Members should refer to their Club’s website for details of the MLC financial security certificate application process and an explanation of the terms on which MLC certificates can be issued.
Tags
You may also be interested in:
FAQs
25/05/2021
A collection of frequently asked questions on various topics relating to the shipping industry, answered for ease of UK Club Members and the wider maritime community
GDPR FAQ
26/07/2021
A useful guide to GDPR with some of the most commonly asked questions answered
IMPORTANT NOTE: PIPL is China’s comprehensive law that sets detailed rules with respect to data privacy and the protection and applies to the processing of personal information and sensitive personal information within the People’s Republic of China (PRC). PIPL came into effect on 1 November 2021.
On 19 September 2022, the EU amended its FAQs clarifying that the carriage of certain cargoes from Russia including coal and certain types of fertiliser (and related insurance) is not prohibited (under Council Regulation (EU) 833/2014) when the goods are being transported to non-EU countries