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”).
Great Lakes vessels trading is typically performed by dry bulk vessels that carry a variety of cargoes including ores, limestone, salt, cement, sand, grain, coal and gypsum. This article provides some insight into commercial shipping on the Great Lakes and some of what one might expect when transiting the area.
Circular 03/22: General Trade Licence dated 17 March 2022, UK Government clarifies insurance for vessel calls to Russia and transiting Russian territorial waters
The UK Maritime and Coastguard Agency has released a set of Ballast Water Management FAQs Updated in October 2020, which we are sharing for the members and the wider shipping community
On 27th April 2020, the English High Court (Mr Justice Teare) gave guidance on the requirements imposed by International Group LOI wordings and the position of intermediate parties in an LOI chain, in circumstances where an LOI is given to enable cargo to be delivered without production of the original Bill of Lading.
On 8 March, the English Admiralty Court in a judgment (ALIZE 1954 & CMA CGM SA v ALLIANZ ELEMENTAR VERSICHERUNGS AG AND OTHERS[2019] EWHC 481 (Admlty)) highlighted the utmost importance of careful passage planning by navigational officers on board vessels.
Directors of the UK P&I Club, the leading provider of P&I insurance and other services to the international shipping community, have subject to regulatory approval elected Nicholas Inglessis as their new Chairman, succeeding Alan Olivier.
The UK Club is delighted to have been shortlisted for Safety at Sea Best safety Product of the Year Award for its innovative training game - Risk Ahoy.
You cannot escape the "Eco trend" that's taking over. It is no longer an option to be naïve about the impact you are having on the planet, whether that be on a personal or business level.
The Club emerges from the renewal to start the new policy year with total mutual owned tonnage of 139 million gt, slightly higher than at the start of the previous policy year. Combined mutual-owned and chartered tonnage now stands at around 239 million gross tonnes.
The issue of abandoned cargo is exactly what it says on the tin, cargo that has been abandoned - most commonly (but not exclusively) at the port of discharge.
Circular concerning the implementation of financial certification requirements in accordance with the amendments to the Maritime Labour Convention 2006 ("MLC").
