At the Annual General Meeting held in Singapore on Monday 4th November 2019, the proposed resolutions in the agenda were put to the Members and were adopted by the meeting.
At its meeting on the 4th November 2019, the Board reviewed the financial position of the Club including the performance of the open and closed policy years and decided on the required premium levels for the 2020 policy year.
This circular provides details of the AGM of the Association which will take place in Singapore at 9am on 4th November 2019 and the arrangements for voting by proxy.
The MARPOL permitted limit for sulphur content in ships’ bunker will be reduced from 3.5% m/m to 0.50% m/m for ships operating outside designated emission control areas.
The International Group has agreed to cover liabilities arising in respect of the carriage of cargo under three electronic trading systems – Bolero ESS and the e-title system
The International Group Clubs recognise that the 2020 Global Sulphur Cap presents important challenges to the shipping industry and are closely monitoring discussions at the IMO.
