The ISM and ISPS Pocket Checklist is the fifth in a series of pocket checklists produced by Lloyd's Register in conjunction with the UK P&I Club to help compliance with international conventions. The others cover Port State Inspections, Life Saving Appliances, Marine Fire Safety and Marine Pollution Prevention.
A detailed explanation of financial and claims performance at the mid-year point is provided by the Club in its October Review 2010. Free reserves and capital at $419 million, improving overall claims position particularly on 2009 and also 2008, 2009 policy year combined ratio of 102 per cent and S&P rating A- (Outlook: Stable)
The International Convention on Civil Liability was adopted to ensure that adequate compensation is available to persons suffering damage caused by oil spills.
A special information and resources page for Philippine employment regulations has been established on the UK Club website this week as further developments on the employment of Filipino seafarers have arisen.
The 1972 Convention was designed to update and replace the Collision Regulations of 1960 which were adopted at the same time as the 1960 SOLAS Convention.
Improved weather conditions in the Horn of Africa region are likely to lead to a corresponding increase in the incidence of local pirate attacks on merchant shipping. As sea conditions improve after the monsoon season attacks tend to be more frequent, further offshore and more difficult for merchant ships to evade.
Ship owners and operators trading in Chinese waters face an extensive set of new legal and regulatory requirements governing their roles and responsibilities in oil pollution incidents.
Thomas Miller has appointed Mark Matthews to reinforce its underwriting team serving the Greek memberships of the UK P&I and UK Defence Clubs, with effect from 20th September.
