The last eighteen months has seen numerous new sanctions regimes introduced by the EU, UN and the U.S. Amongst the shipping community, there has naturally been a heavy focus on Iranian and Libyan sanctions. It is important to understand, however, that there are now a whole host of countries facing sanctions from the EU, UN and U.S.
Stowaways: a perennial problem
The recent tragedy in the Red Sea where nearly 200 migrants from the Sudan drowned whilst sailing for Saudi Arabia is a reminder of the scale of international human migration. Many such migrants attempt to smuggle themselves on board international merchant ships in search of a better and safer life abroad.
UK Club Anti-bribery policy
As a mutual insurer for ship operators we set great store by fairness between Members and probity when dealing on their behalf. In support of our commitment to maintaining the highest possible standards of business practice we hold a 'zero-tolerance' stance towards bribery. Bribery is illegal and as such has no place in our organisation. This policy also applies to all third parties who act on behalf of the UK Club.
South African Review - June 2011
Welcome to the first edition of our joint UK P&I and UK Defence Club review for our South African Members. In this review, one of our correspondents gives an overview of stowaway problems, with specific reference to local South African issues. The question of armed guards on-board ship as a counter to piracy is also reviewed on page 7. Whilst not prohibited by P&I cover per se, some difficult issues arise from the implementation of armed guards in respect of firearms regulations.
Review of the Year 2011
The Club now has $1.6 billion in total assets and with a free reserve ratio (asset to liability) of 159 per cent is one of the strongest clubs in the International Group. This year has seen the Club build on the success of last year and deliver a surplus after taxation of $63 million, raising the free reserves and capital to $478 million. A key feature of this year's surplus was the achievement of a combined ratio of 98 per cent, reflecting improved underwriting discipline while maintaining a prudent approach to claims reserving.
EU sanctions against Syria - May 2011
COUNCIL REGULATION (EU) No 442/2011 of 9 May 2011 concerning restrictive measures in view of the situation in Syria. This regulation sets out the prohibition of supply of materials and equipment to Syria which may be used for repression of its civilian population. It also provides a list of people and other entities who it identifies as responsible for such acts of repression and thus directly subject to sanction.
The Bodily Injury News produced by our colleagues in New Jersey and San Francisco is published this week reviewing a number of recent developments and issues related to claims for bodily injury, illness and death among passengers and crews.
Doubled wages and compensation whilst transiting the original 'High Risk Area' remain. In this new Extended Risk Zone, each seafarer will be entitled to a double wages / compensation on any day
New regulations for the control of ships' ballast
The aim of this legal bulletin is to provide a general overview of the regime and its scope, and answers to the most common questions that would assist Members in understanding the relevant issues on how the Regulation will be enforced.
The Club has published its latest Legal Briefing "
Recent incidents have highlighted the topical relevance of the Club's loss prevention advice.
Opinions of the Lords of Appeal for Judgement in the cause - Transfield Shipping Inc (Appellants)
A comparison between the 'minimum' Compulsory Insurance provisions of Section 37-A of the Migrant Workers Act / RA 10022 and the scope of P&I cover available to a Member
The amended Migrant Workers Act (AMWA) in the main seeks to label a number of existing liabilities / obligations that employers have previously faced, whether arising under the terms of the POEA Standard Employment Contract (SEC) and/or a Collective Bargaining Agreement (CBA), but now requires that an Overseas Filipino Worker (OFW) has insurance for those liabilities. There are some subtle differences as to how those liabilities have previously arisen, notably under sub-paragraphs (a), (b), (c), (h) and (i), whilst there are two (2) new liabilities, both of which will be incorporated into the new POEA SEC, which will come into force on 12th November.
What are the key differences between the minimum compulsory insurance requirements provided for within Section 37-A of the AMWA/RA 10022 and the scope of P&I cover? Where can our Manning Agent obtain insurance meeting the Compulsory Insurance obligations? What is the IG's position in relation to the Certificate of Cover? Should Members sign the Certificate of Cover or authorise its issuance on their behalf? If a Member signs the Certificate of Cover or authorises its issuance on his behalf, will Club cover be prejudiced?
Seven directors were elected to the Board of the UK P&I Club at the AGM in Bermuda on October 26th.
- The premium rating of all UK P&I Club Members (mutual and fixed) will be increased by five per cent from 20th February, plus any increase in the cost of the International Group reinsurance premium for 2010 for the mutual Members.