Circular 03/24: War Risks P&I Excess Cover
05/02/2024
Limit on Special War Risks P&I cover for 2024 policy year remains US$500 million with an exclusion of cover in respect of perils in Russia, Ukraine and Belarus, together with a buy-back sub-limited to US$80 million
This circular highlights recent key developments in the sanctions imposed against Russia by the UK, EU and US.
COP28 - A Summary
29/01/2024
COP28 took place in Dubai, United Arab Emirates (UAE), from 30 November to 12 December 2023, attended by representatives from over 200 parties to the UN Framework Convention on Climate Change (“Parties”)
The Club would like to draw Members' attention to the latest circular from Oasis P&I Services relating to the expanding of fishery farms around the route to Yantai Port.
The Club would like to draw Members' attention to the Supreme Court case summary from Del Rosario Law.
Following their publication on the Summary of the Distribution of Major Fishery Farms along the Coast of China, and the Distribution of Fishery Farms near Rizhao/Lanshan and Dalian Port, Club Correspondent Huatai Marine have issued an update on the distribution of fishery farms along the coast of China.
On December 11, 2023, five US agencies released a joint compliance note “Know Your Cargo” (“the Compliance Note”), highlighting tactics commonly deployed by malign actors in the transportation sector and best practices for the maritime and other transportation industries as well as examples of enforcement actions.
Turkey - 2024 Sea Pollution Fines Tariff
16/01/2024
The Club would like to draw Members' attention to the 2024 sea pollution fines in Turkey applicable from 1 January 2024
Yemen - Port Updates
12/01/2024
The following update has been received from the Association's correspondent, GAC Agency Co
Risk Focus: Tugs and Barges
12/01/2024
The UK P&I Club has a long history of providing liability insurance for owners and operators of tugs and barges
Members with ships calling at Singapore are recommended to refer to the Port Marine Circular 23-10 issued by the Maritime and Port Authority (MPA) regarding the implementation of a "Just-in-Time" planning and coordination platform.
Recently, the Tianjin, Liaoning, Hebei and Shandong MSA jointly published a total of 27 main public routes in the Bohai Sea and its eastern waters, which has been implemented since 18th December 2023