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News Alerts

We issue News and other Alerts to keep members posted about developments at the Club and other industry news. Please see our latest Alerts below.

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15 August 2013

Members will recall the Club's  Circular of 27 February 2013 on Electronic (Paperless) Trading Solutions, which included information on P&I cover in respect of liabilities arising under Electronic Bills of Lading.  The International Group have recently drafted FAQs providing additional information on this subject for Members giving consideration to the use of such trading systems, which is attached.

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24 July 2013

As Members will be aware, following the Egyptian military’s overthrow of President Mohamed Morsi in early July 2013, tensions have been running high and there are regular reports of civil unrest in various parts of Egypt. It is understood generally that the military has been careful to protect the Suez Canal from being affected by any tensions or unrest in cities along the Canal to try to protect economic interests and ensure the safety of navigation in the Canal.

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12 July 2013

Members will be aware of the dangers associated with the carriage of cargoes that can liquefy from the various Circulars, News Alerts and Stop Loss articles issued by the Club over recent years. The primary focus of concern has been in respect of the carriage of iron ore fines from India and Brazil, as well as nickel ore from the Philippines and Indonesia.

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2 July 2013

The US Governement has enacted the National Defense Authorization Act 2013, that sets out additional sanctions against foreign persons engaged in trade with Iran. This Act took effect on 1 July 2013. The International Group has prepared a briefing note on the new measures which is attached.

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17 June 2013

Members' attention is drawn to recent adverse developments concerning the port of Yuzhny, Ukraine. While it has in the past been possible for Members to appoint surveyors to assist their Masters, it has been brought to the International Group of P&I Clubs’ attention that there are recent examples of surveyors appointed on behalf of vessel interests being denied access to the port, particularly when iron ore concentrate (a cargo that is liable to liquefy) is to be loaded.

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6 June 2013

1)  Updated International Group FAQ’s (June 2013) on US sanctions against Iran     2)  Briefing Note to Members on US & EU Iran sanctions listed by type of cargo Further to its FAQ's on the EU Sanctions targeting Iran (see our Alert dated 1st February 2013), the International Group has now issued a new set of FAQ's on the US sanctions targeting Iran.

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2 April 2013

The International Group Annual Review 2012/13 was published recently. The Review covers many of the key activities undertaken by the Group during the last P&I policy year and includes summaries of the work carried out by a number of its Working Groups on a range of topical issues. A copy of the Review is attached.

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18 March 2013

Some Members may already be aware that the Grain Board of Iraq (GBI), part of the Ministry of Trade, has recently introduced a Regulation which requires the Shipowner’s “P&I Representative” to sign various outturn documents upon completion of discharge.  The new requirement applies to the Outturn Report, the Statement of Facts and any Shortage Report or Protest against Shortage/Damage.

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20 February 2013

Members will be aware of the dangers associated with the carriage of cargoes that can liquefy from the various Circulars, News Alerts and Stop Loss articles issued by the Club over recent years. The principal concern has been in respect of the carriage of iron ore fines from India and Brazil as well as nickel ore from the Philippines and Indonesia. More recently, the Club has highlighted problems associated with the carriage of iron ore fines from Sierra Leone.

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5 February 2013

Members should note that Eltvedt & O’Sullivan, who oversee the correspondents in the Congo, have informed the Club of an ongoing pollution risk at Pointe Noire.  A copy of their circular which contains a number of practical suggestions for how to deal with this risk is attached.

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