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.
At their meeting on 28th January 2019, 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 2019 policy year in accordance with the terms of the attached Directors’ Resolution of 28th January 2019.
This circular informs Members of the significant risk of evading the comprehensive international sanctions regime against the Democratic People’s Republic of Korea.
