The coming into force of the Electronic Trade Documents Act last week in the UK is a potentially transformational moment in the development of electronic bills of lading.
The Electronic Trade Documents Act (“the Act”) comes into force today in the United Kingdom, giving legal recognition in English law to electronic trade documents, including electronic bills of lading.
The International Group (“IG”) Standard Form Letters of Indemnity (given in return for delivery of cargo without production of an original bill of lading and/or delivery of cargo at a port or place other than stated in the bill of lading) were last reviewed in 2010.
On 23 August 2023 OFAC issued a determination that allows sanctions to be imposed on any foreign individual or entity that operates in the jet fuel sector of the Burmese economy by expanding Executive Order 14014 (the”EO”).
This notice confirms approval by the IG of an updated version of the DSUA. This version is called DSUA 2023.1 and supersedes DSUA 2021.1, which remains approved for the purposes of Club cover.
On 23 June 2023 the EU Council adopted the 11th package of economic sanctions against Russia to prevent their circumvention and further erode Russia’s revenues.
This circular confirms approval by the International Group of an updated version of the Secro Customer and User Agreement dated 16th March 2023 as well as use of the Secro Customer e-billls of lading in conjunction with the said User Agreement
The International Group of P&I Clubs are pleased to announce a suite of new measures to support the Club's correspondent networks in engaging with the P&IQ programme including a significant discount on the exams and textbooks plus an opportunity to win a scholarship.
The International Group (IG) finalizes Pooling and GXL Reinsurance contract structure for 2023/24 Policy Year, outlining the renewal rates for shipowners.
The International Group of P&I Clubs and The Education Committee are expanding their scholarship program, offering participation in the renowned P&I Qualification programme.
Due to the impact of losses from the Russian/Ukrainian situation affecting the availability of global insurance and reinsurance capacity, the Club's reinsurers are no longer able to secure reinsurance for war risk exposure to Russian, Ukrainian or Belarus territorial risks.
As a sustainable and socially responsible organisation, we do what we can to improve people's lives around the world. The Club directly contributes to many maritime-related charities, particularly those we help to improve the health and wellbeing of seafarers.
IMPORTANT NOTE: PIPL is China’s comprehensive law that sets detailed rules with respect to data privacy and the protection and applies to the processing of personal information and sensitive personal information within the People’s Republic of China (PRC). PIPL came into effect on 1 November 2021.
On 28th September, the UK P&I Club took the opportunity to host its first ever Correspondents Open House to coincide with the International Group P&I Correspondents Conference in London, as hundreds of Club correspondents travelled from across the globe to meet in London for a few days.
