Enhanced sanctions against Iran
The EU's formal Regulation implementing the enhanced sanctions against Iran proposed in January this year has now been issued. The position of shipowners in respect of the ban on transport of Iranian crude, petroleum products and petro-chemical products is largely unchanged from the EU Decision of 23 January. However, the position of insurers and reinsurers has been relaxed somewhat in response to strong lobbying from the International Group of P&I Clubs (IG) over the past two months.
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.
Iran Sanctions: EU sanctions against Iran - Council Decision 1012/35 - IG FAQs 8 February 2012
The International Group's Sanctions Working group has developed an initial series of FAQs in relation to the recently announced EU additional measures against Iran contained in the Council Decision of 23 January 2012.
OCIMF - Recommendations Relating to the Application of Requirements Governing Seafarers’ Hours of Work and Rest
With the entry into force of the 2010 Manila amendments to the STCW Convention and the 2006 Maritime Labour Convention (MLC 2006), it is expected that Port State Control procedures will pay increasing attention to ensuring compliance with the requirements. There is a risk that variations in interpretation of the regulations by Port States will increase the likelihood of deficiencies being reported and/or vessels being detained.
A new publication from the UK P&I Club "How to prevent tanker cargo shortage claims" and subtitled "The cause of claims and how to avoid them during pre-loading, loading and unloading" focuses on one of the major sources of cargo-related claims in the tanker sector. It follows on and complements the recently published UK Club "Tanker Contamination Claims Checklist".
The UK Treasury has now confirmed that it considers that insurers/reinsurers in the EU are prohibited from providing cover in relation to shipments of crude oil or petroleum products, even where the transportation ban does not apply (because the ships and persons involved are unconnected with the EU).
A new publication from the UK P&I Club focuses on one of the major sources of cargo-related claims in the tanker sector: cargo contamination. The Club stresses that loading and discharging of a cargo is a joint operation between the crew of the tanker and the terminal staff.
Preventing bulk liquid cargo claims
The latest publication from our loss prevention department focuses on one of the major sources of cargo-related claims in the tanker sector - cargo contamination. The "Tanker Contamination Claims Checklist" identifies the main causes of cargo contamination and compiles the key points to consider both on board and shoreside
The attached Shipping Alert 11-213 gives updated guidance on bith EU and US sanctions in respect of Libya and Syria and is reproduced with the kind permission of Reed Smith. Any queries regarding the advice given in the Alert should be directed to the author Mr Mark Church of Reed Smith London by email