Regulations and advisories in relation to Panama's ratification of MLC 2006 and implementation through its national maritime legislation.
O UK P&I Club e sua parceria com o setor da navegação marítima do Brasil. Este livreto descreve a história do relacionamento longo e notável entre o setor brasileiro de navegação marítima e o UK P&I Club, assim como alguns eventos significativos da mesma.
This booklet sets out the history of, and some notable events in, the remarkable and long-standing relationship between the Brazilian shipping community and the UK P&I Club.
Bahamas - MLC 2006 compliance resources
Regulations and advisories in relation to Bahamas ratification of the MLC 2006 and its implementation through national maritime legislation.
The International Group FAQs address questions such as do armed guards prejudice P&I cover and what are 'weapons of war'. Contractual questions relating to armed guards and charterers and issues on general average and ransoms are also covered here.
PROPOSAL IN RELATION TO A SCHEME OF ARRANGEMENT pursuant to Section 99 of the Companies Act 1981 of Bermuda between The United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Limited and its SCHEME CREDITORS (as defined in the Scheme of Arrangement) In an endeavour to ensure that insurance brokers are in a position to advise their clients as to the action they should take, a copy of this document has been sent to all brokers identified by The United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Limited (the "Company" or "UKB") and known to have placed business with or on behalf of the Company or to have had dealings with the Company. Further copies of this document can be obtained at the offices of Thomas Miller, 90 Fenchurch Street, London, England EC3M 4ST.
Bermuda Specimen Form of Proxy & Claims Form under letter - Club restructure - September 2012
The action you should take is set out in the Notice. Whether or not you intend to be present at the Scheme Meeting, you are requested to complete and return the Claim Form and Form of Proxy enclosed with this document in accordance with the instructions and notes contained therein so as to arrive by 5:00 pm (Greenwich Mean Time) on 23 October 2012. Claim Forms and Forms of Proxy may also be handed to the Chairman at the place of the Scheme Meeting before the commencement of the Scheme Meeting.
Section 109 of the Financial Services and Markets Act 2000 ('FSMA') requires that a scheme report must accompany an application to the High Court of England and Wales ('the Court') to approve an insurance business transfer scheme. This scheme report should be produced by a suitably qualified independent person (the 'Independent Expert') who has been nominated or approved by the Financial Services Authority ('FSA'). The scheme report should address the question of whether any policyholders impacted by the insurance business transfer are adversely affected to a material extent.
We are writing to you to inform you of the proposed transfer of the insurance and reinsurance business of The United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Limited ('UKB') to The United Kingdom Mutual Steam Ship Assurance Association (Europe) Limited ('UKE'). UKB and UKE are together referred to herein as the 'Club'.
Claim no. 5279 of 2012 in the High Court of Justice Chancery Division Companies Court in the matter of Part VII of the Financial Services and Markets Act 2000 and in the matter of: (1) The United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Limited (2) The United Kingdom Mutual Steam Ship Assurance Association (Europe) Limited
Regulations and advisories on United Kingdom's ratification of MLC 2006 and its implementation through national maritime legislation.
The EU Council has now agreed a Regulation to implement enhanced sanctions against Iran, including a ban on transport of Iranian crude, petroleum products and petro-chemical products, as was expected in the light of the EU Decision of 23 January. There is now an exception to the insurance ban, for third party and environmental insurance, although only up until 1 July for crude oil and petroleum products and only until 1 May for petro-chemical products. It is not clear whether the position will be reviewed again before those dates.
Financial sanctions & cover
Members who can trade lawfully with sanctioned countries need to be aware that financial sanctions may restrict the Club's ability to protect them in the event of a P&I incident. The Club has issued
Immediate access to 2012 documentation
Members who have renewed their entries for 2012 should be receiving PDF copies of their documentation by email, either directly or via their brokers. The documents contained in that PDF attachment should be printed on a colour printer and treated as original documents. Please note that we will not be issuing hard copies of these documents. If Members' staff need to access documentation urgently and have not received the PDF copy, direct and immediate downloads from the website can be obtained by the following procedure.
2012 Reinsurance rates announced
The International Group reinsurance sub-committee announced today that it had concluded terms for 2012 in respect of the excess of loss reinsurance and the oil pollution surcharge for US voyages. The Club will formally publish its customary circulars in due course, however, Members may wish to be aware of the proposed rates for the 2012 policy year.
A number of local MSAs have now issued their local notices. Here is a brief summary with attachments for information.
EU Council Regulation - (EU) No 878/2011 entered into force on 2 September, with new measures to target the importation, financing, transport, insurance and reinsurance of crude oil or petroleum products originating from Syria. The Regulation takes the form of an amendment to an earlier regulation (442/2011) in which the scope of applicability is defined as shown below.
Increased liabilities under OSRO contracts
Last week the Club published circular 10/11 in respect of the increased liabilities that Members may potentially incur under the amended contract terms of one of the US based oil spill response organisations (OSRO). We strongly recommend all Members who might be affected to refer to this circular and check their vessel response plan arrangements.
We are grateful to the International Chamber of Shipping (ICS) and European Community Shipowners Association (ECSA) for their permission in reproducing the following table of flag state rules in respect of private armed guards
Armed guards - 21 July 2011
Despite recent media suggestions, there is no formal white list of 'approved' marine security companies maintained by UK Club. However, there are numerous contracts between our Members and such companies that have been approved, in many cases after amendments suggested by us. Approval of a contract does not mean that we have vetted or approved the company in a wider sense - we haven't.