Due to the impact of losses from the Russian/Ukrainian situation affecting the availability of global insurance and reinsurance capacity, the Club's reinsurers are no longer able to secure reinsurance for war risk exposure to Russian, Ukrainian or Belarus territorial risks.
THE IMO Marine Environmental Protection Committee (MEPC) responsible for matters concerning the prevention and control of pollution from ships, held its 79th session (MEPC 79) in London from 12-16 December 2022
The EU ETS, established in 2005, is the world’s first emissions trading system and remains the largest greenhouse gas (GHG) emissions trading system across multiple countries and multiple sectors.
The Club would like to draw Members attention to the latest circular from Club correspondents Van Ameyde McAuslands regarding the UK government's announcement of tough new immigration enforcement measures.
Patrick Ryan, Sustainability Director for the UK P&I Club, discussed with Maritime Risk International on the COP27 climate conference in Egypt and what it may mean for the shipping sector.
COP27 took place in Sharm el-Sheikh, Egypt, from 7-20th November 2022, having overrun by a day and a bit for the agreement to be signed off by the 200 countries which participated in the conference
Following significant engagement between the International Group and the Government of Turkey, an agreement has now been reached for such ships carrying crude oil cargoes and that will allow Members to continue voyages through Turkish controlled international straits and waters.
