London
25/07/2024
Contact our UK P&I London Office for more information on our Shipowners Liability Insurance or to lodge a claim
In February, a shipwreck off Calabria, Italy, claimed at least 72 lives, adding to the tragic toll of people who perished in the sea whilst taking dangerous journeys to Europe
Shipping in EU ETS from 2024
22/12/2022
The EU ETS, established in 2005, is the world’s first emissions trading system and remains the largest greenhouse gas (GHG) emissions trading system across multiple countries and multiple sectors.
Circular 17/22: The Price Cap on Russian Oil
09/12/2022
The EU, G7 and Australia (the “Price Cap Coalition”) has recently introduced legislation and guidance effective 5 December 2022 intended to maintain the supply of Russian oil to world markets whilst at the same time reducing Russia’s earnings from its oil exports (the “Price Cap Scheme”).
Recently, and in particular during the summer period, the Club has noticed a spike in stowaway cases, hence the below article serves as a refresher on what is already known as well as an update on the practical problems and implications for Owners that may arise in connection with the disembarkation and repatriation of stowaways.
Members are advised from 20 February 2022 the procedure for paying claims related suppliers for claims on European Economic Area (“EEA”) risks is changing. The change applies only to risks written by UKNV.
On 14 July 2021 the European Commission adopted the EU's "Fit for 55" package which consists of a set of inter-connected proposals that will together deliver the EU's ambition of reducing its greenhouse gas ("GHG") emissions by at least 55% by 2030, compared to 1990 levels, and for the EU to become a climate neutral continent by 2050.
Members may be interested in the Danish Maritime Authority' press release dated 14 September 2020 discussing the new shipping routes recently established in Skagerrak and Kattegat
Green4Sea conference 2019
20/03/2019
The annual Green4Sea conference was held at the Stavros Niarchos Foundation Cultural Centre, Athens, on 13 March 2019
Letter of Indemnity seminar- Geneva
01/11/2018
The UK P&I Club, in conjunction with the Propeller Club of Geneva, hosted a talk on LOIs at La Mère Royaume, Geneva, on 25th October.
Circular 9/18: The cost of Hybrid
22/08/2018
The Club has completed the redemption of its $100 million hybrid bond.
Posidonia Cup 2018
07/06/2018
L4 Syndicate Manager Sumit Madhu recently presented at the international conference organised by The GLOBALMET Association on 3rd and 4th November 2017 in Mumbai.
Oman Shipping Conference
16/11/2017
L4 Syndicate Manager Sumit Madhu recently attended the senior officers conference in Mumbai on 26th October for Oman Shipping.
Capital Link Forum- Athens November 2017
03/11/2017
UK P&I Club Senior Loss Prevention Executive David Nichol was speaking at a high profile shipping industry forum in Athens this week. The event was organised by Capital Link at the Divani Caravel hotel and was entitled "Best industry practices - A competitive advantage".
The diplomatic agreement of 14 July 2015 between the E3/EU+3 and the Islamic Republic of Iran opens the way for the restoration of trade activates with Iran by lifting the trade, energy, insurance and banking embargoes that have been incrementally imposed by the European Union and U.S since 2009.
Insurance market daily Insurance Day has announced the UK Club's iPandi app as one of the shortlisted entrants for their Technological Initiative of the Year award.
Our correspondents in the port of Liepaja, the Balva Insurance Company, have advised they have ceased trading. All Club matters in the port can be referred to the Liepaja office of Pandi Balt.
Iran Sanctions: EU Measures against Iran
05/02/2013
On 15 October 2012 the European Union Foreign Affairs Council agreed further measures restricting trade activities with Iran
Latest update on EU sanctions against Iran - new measures widen banned goods, increase asset freezes & impose restrictions on EU banks aligning them with existing UK bank limitations.