The European Regulation on Ship Recycling (“ESRR”) was adopted, and entered into force, on 20 November 2013. The Regulation however provides that EU flagged ships would have to have an Inventory of Hazardous Materials (“IHM”); be surveyed; be certificated; and ships destined for recycling, be recycled in accordance with the new Regulation, from the earlier of; (a) six months after the European List of approved yards reaches a combined capacity of 2.5 million LDT2; or (b) the end of December 2018.
We want to bring to the Member's attention an important clarification of an operators duty, following on from the decision in the case of Jennings – v TUI Cruises, in respect of which we posted a legal update on 7th February 2018. That decision was cemented by a recent successful application for summary judgment, in the case of Dr Sucheta Mahapatra – v – TUI UK Ltd.
Circular 14/18: Review of open policy years and 2019 General Increase: Standard deductible remains unchanged at US$12,000 per event for the 2019 policy year. Any change in the cost of the International Group reinsurance will be passed on to the mutual Members. An explanation of the financial background to the Board’s decisions can be found in the “Autumn Statement 2018” which accompanies this Circular.
The Club has recently been notified by New Zealand Transport Accident Investigation Commission (TAIC) of a cargo hold fire caused by the lighting system in a vessel hold. Members are advised that alternative LED lighting should be considered, to reduce the potential risk to ship safety posed by lights that radiate high levels of heat.