Updated Towage guidance note
18/10/2015
This note is designed for shipowners and their brokers to outline the P&I coverage of their ships during towage to a repair yard.
2015 has seen increased reporting of maritime casualties in the Mediterranean, as vessels carrying refugees from North Africa and the Middle East get into difficulties. Michael Ritter explains.
The Association has recently been advised of a few cases when unauthorised individuals have gained access on board under the pretext of performing "health checks".
Obituary: Mr S. Venkiteswaran
27/12/2013
'Venky' Venkiteswaran (S. Venkiteswaran) who died on 21st December was a most distinguished lawyer (a Senior Advocate or QC) who worked for the transport clubs' interests in India for over 40 years. A brilliant lawyer and charismatic figure, he was the confidante and advisor to many in the Indian transport world and his advice was equally sought by the Government and the Director-General of Shipping.
Alert to Members passing Egypt & Congo
01/02/2013
Two loss prevention bulletins issued this week highlight potential problems for Members whose ships may be in the vicinity of the Suez Canal or the Congolese port of Pointe Noire.
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.
Additional US sanctions on Iranian companies, including shipping organisations - July 12 2012
16/07/2012
This US Treasury press release and attached papers explains how the United States is imposing additional sanctions on Iran's nuclear and ballistic missile proliferation networks. It is also taking additional steps to prevent the evasion of sanctions by publicly identifying a group of Iranian front companies and banks designating 11 entities and four individuals under Executive Order 13382.
EU Council Press Release: 11808/12 - EU sanctions against Iran: exemptions to end on 1 July
27/06/2012
The latest package of EU sanctions against Iran will apply as earlier decided. Following a review of the measures, the Council confirmed that they would remain as approved in January. This means that two exemptions will end, as scheduled, on 1 July: Contracts for importing Iranian oil that were concluded before 23 January will have to be terminated by 1 July. From the same date, EU insurers may no more provide third-party liability and environmental liability insurance for the transport of Iranian oil.
Sanctions impact Members' cover
21/06/2012
Recent news reports of a ship entered with an International Group club having its cover withdrawn for allegedly carrying armaments to Syria are a reminder to operators that sanctions regimes can impact on their business. Restrictions on financial transactions, on dealings with designated parties, and on provision of insurance, may potentially restrict the ability of the Club to help and protect Members in the event of an incident. Such sanctions can affect Members who can trade lawfully to states targeted by sanctions even where those regimes are not applicable to them or they permit the trade in question.
825 - 05/12 - Customs Fines - Senegal
17/05/2012
An executive order "Prohibiting Certain Transactions with and Suspending Entry into the United States of Foreign Sanctions Evaders with Respect to Iran and Syria" ("FSE E.O.") by the President of the United States was issued on the 1st May extending further the impact of US sanctions against Iran and Syria. This order strengthens the US Treasury's ability to tackle foreign individuals and entities determined to have violated US sanctions on Syria or Iran.
This updated flowchart provides guidance on compliance with sanctions against Iran following the EU Council Regulation of 23rd March 2012. It references both US and EU sanctions arrangements and offers answers in the context of trading to and from Iran, or with Iranian parties outside the country.
Enhanced sanctions against Iran
29/03/2012
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.
Circular 4/12: Sanctions regimes
22/02/2012
Further sanctions impact shipping
09/02/2012
Further material published on the Club website this week highlights the EU Council decision on the 23rd January that prohibits the import, purchase or transport of crude oil, as well as petroleum and petrochemical products from Iran. A set of FAQs from the International Group's Sanctions Working Group is among the resources that are available to assist Members.
Iran and Syria - Sanctions Update
27/01/2012
The latest sanctions against Iran have been much publicized and are set against a backdrop of Iranian officials threatening to escalate the situation further by blocking the Strait of Hormuz
New Year changes
05/01/2012
Despite the extended Christmas and New Year break, the Knowledge & Developments section of our website provided new information through that period. In addition to the frequent news bulletins on implementation of spill response contractor arrangements in China, there have been loss prevention updates on US west coast air emission controls and our own circular on an SGM for incorporating rule changes into the 2012 Club Rules & Bye-Laws.
The EU Council Decision 782/2011 has enhanced the sanctions against the current regime in Syria to counter the movement of both armaments and energy commodities to that country. An additional decision 1244 has extended the list of named parties against whom these sanctions apply.
EU Council Regulation 1245 has extended the list of parties in Iran subject to sanctions.
LP NEWS - Algeria - port of Bejaia paralyzed
01/12/2011