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News Alerts

To help keep members abreast of relevant industry news, we add Alerts to our website with information on topical developments from around the world. Please see the latest Alerts below.

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9 February 2018

One of the Club’s China correspondents, Huatai Insurance Agency & Consultant Service Ltd, has reported that the Chinese Government has implemented stricter controls on waste importation by adding a substantial number of solid waste types to the list of banned wastes which cannot be imported into China without a license. Their full advice, along with the current list of all excluded waste cargoes can be accessed by clicking here.

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19 January 2018

Members should take note of the following notice circulated by Intercargo concerning the increased risks associated with the carriage of Nickel Ore from Indonesia during the wet season: QUOTE As you will all be aware it is currently the wet season in Indonesia (October to April), you may also be aware of the recent reports of heavy rain in Indonesia which has resulted in significant congestion at both loading and unloading ports in Asia.

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11 January 2018

The LOF salvage agreement is a well-recognised and well established emergency response contract.   The use of LOF is widely accepted in the industry and the London Club supports its use in emergency situations.  For about twenty years the Special Compensation P&I Clause (SCOPIC) has been used in conjunction with LOF to encourage salvors to respond in cases of doubt over the availability of sufficient reward under Article 13.

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15 December 2017

Renewal terms for the IG’s General Excess of Loss Reinsurance Contract have been finalised; and the Group’s reinsurance rates for the year commencing 20 February 2018 are now shown below:  Owned Entries   Category 2018 rate per GT % change from 2017 DIRTY TANKERS $0.5845 % - 1.85 CLEAN TANKERS $0.2626 % - 1.

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30 November 2017

Members will already be aware of EU sanctions in place following the annexation of Crimea and Sevastopol in Spring 2014, as set out in previous News Alerts on the Club’s website (click here).

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17 November 2017

Members may have received press and other reports of a recent judgment in Spain involving the 2002 loss of and pollution from the Prestige. This note aims to provide information on the judgement, the ongoing international legal proceedings and the potentially much wider and far-reaching implications of this development for Shipowners, insurers and other industry stakeholders.

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3 November 2017

Members calling at the Port of Cape Town should note that South African law firm Shepstone & Wylie have drawn our attention to water restrictions that are currently in force due to a drought. The Port of Cape Town has suspended the sale and supply of fresh water to vessels calling there, with exceptions being considered on a case by case basis. The notice from Transnet Port Authority courtesy of P&I Associates (Pty) Ltd, the local correspondent, can be accessed here.

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31 October 2017

An outbreak of plague is reported in Madagascar. This infectious disease causes fever, chills, head and body aches, vomiting and nausea, and can be fatal. ETIC/Africa P&I Services, a local correspondent, reports that the outbreak is severe and fast spreading, affecting the whole island of Madagascar, including ports.

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10 October 2017

Members will be aware from previous News Alerts (click here) that the US has since January 2017 issued a general licence authorising certain transactions that were previously prohibited under the US Sudanese Sanctions Regulations (SSR) and Executive Orders 13067 and 13412.  It was the intention that in/after July 2017 certain sanctions would be permanently revoked.

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11 September 2017

The London P&I Club, in a joint project with leading classification society Bureau Veritas and its casualty and salvage subsidiary TMC Marine, has issued a new booklet providing operational guidance for preventing blackout and main engine failures. This new publication, the second in a series on loss prevention subjects, focuses on marine engineering issues and procedures related to the prevention of loss of propulsion.

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