This circular informs Members of the significant risk of evading the comprehensive international sanctions regime against the Democratic People's Republic of Korea.
The UK Club has received the attached circular from our local correspondents, Huatai Insurance Agency & Consultant Service Ltd, regarding the prohibition of discharging waste water generated by open-loop exhaust gas cleaning systems (Scrubbers) within Emission Control Areas in China.
Reference is made to the most recent update from the Club, giving notification of the new tariff for pollution fines in Turkish waters. Particular attention should be given to the fact that these administrative fines imposed by the Environmental Protection Agency, pursuant to the Turkish Environmental Code (EC), are drastically increased in comparison to previous tariffs.
The third edition of "Guidelines on Cyber Security Onboard Ships" has recently been published to provide the maritime industry with updated and enhanced guidance on managing cyber related risks. The new version 3 addresses the requirement to incorporate cyber risks in the ship's Safety Management System and reflects a deeper experience with risk assessments of operational technology (OT) - such as navigational systems and engine controls. Additional guidance for dealing with the cyber risks to the ship arising from parties in the supply chain is also included.
A Special General Meeting of 'UK(E)' - The United Kingdom Mutual Steam Ship Assurance Association (Europe) Limited - will be held on 17th January 2019 in London.
The UK Club have received the following update from Dias Marine, regarding the imposition of martial law in Ukraine effective 28/11/18 09.00am local time.
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.