News

The latest News updates from the Club

USA - Latest Executive Order On Immigration Suspended

Further to our News Item of 8th March 2017 announcing President Trump's latest effort to restrict the citizens of certain countries entering the United States, a number of Federal court judges have again suspended...

Warning of Fraudulent Fixtures

It has been reported that fraudulent fixtures are being circulated in the market by bogus brokers, working together with bogus agents for the extortion of funds from owners and disponent owners. The fixtures tend to...

USA - New Executive Order on Immigration

Further to the Club’s news articles of 31 January and 13 February 2017, President Trump has recently signed a further Executive Order placing prohibition on the entry of citizens from Iran, Libya, Somalia, Sudan,...

Enforcement of US Ballast Water Discharge Regulations

As advised in Notice to Members No. 20 2016/2017 the USCG has recently approved three Ballast Water Management (BWM) systems. Gallagher Marine Systems have advised that subsequent to these approvals the USCG has been...

Philippines - Attacks on Vessels in the Sulu Sea

The number of attacks on vessels in the Sulu and Celebes Sea have surged recently with a corresponding increase in the severity of the attacks. In a recent incident six crew members were abducted with one crewman being...

Renewal Results for 2017

The West of England is pleased to confirm a successful renewal and thanks the Members for their continued support during the last 12 months. This is illustrated by the number of new attachments at renewal and committed...

USA - Executive Order On Immigration Suspended

Following legal challenges to the recent Executive Order issued by President Trump prohibiting entry into the US of citizens from certain countries (please see our News Item of 31 January 2017 for details), the...

Iran Sanctions - New Parties Designated

In reaction to recent missile tests by Iran the US administration has announced that certain individuals and entities have been added to the US SDN lists. The press release from OFAC with details of those parties can be...

USA - Executive Order On Immigration

The recent Executive Order issued by President Trump restricting entry in the United States of foreign citizens from Syria, Yemen, Sudan, Somalia, Iraq, Iran and Libya may impact on Members who have vessels trading to...

Iran Sanctions - Termination of “Fall-Back” Cover

In Notice to Members Nos 2 and 3 2016/2017 Members were advised of the arrangements made by the International Group Clubs to address the risk of reinsurance shortfalls for claims with an Iranian nexus falling within the...

Sanctions against Sudan

Both the EU and the US have sanctions in place against Sudan, though the US programme is more comprehensive and prevents US persons (including US banks) from being able to transact business related to Sudan. However, in...

Turkey - Environmental Pollution Fines - Updated for 2017

Instances of vessels being fined and detained in Turkish waters for alleged pollution are often encountered by the Club. Our Correspondents, Metropole Maritime & Trading Ltd. Co., Istanbul advise that the number of...

Group Reinsurance Rates 2017/2018

The arrangements for the renewal of the International Group General Excess of Loss (GXL) reinsurance contract and the Hydra reinsurance programmes for 2017/18 have now been finalized. These include the Collective...

A.M. Best

The Club’s Financial Strength Rating with rating agency A.M. Best has been affirmed at A- (Excellent) with a stable outlook.

SOLAS - Amendments to the IMDG Code (Amendment 38-16)

In May 2016 IMO’s Maritime Safety Committee adopted the amendments to the IMDG Code contained in Resolution MSC.406(96) Amendments to the International Maritime Dangerous Goods (IMDG) Code. Contracting governments may...

Singapore - New Bunkering Procedure

Following a number of reported incidents concerning allegations of short delivery of residual fuel oil in Singapore, as detailed in our Loss Prevention Bulletin: Bunker Disputes – The “Cappuccino Effect”, the Maritime...

Large Casualty Working Group 2016 Review Update

Members may recall that following the experience in policy year 2011 of both the “RENA” and “COSTA CONCORDIA” casualties, the International Group established a Working Group to review both those casualties and a number...

UK to Enact New Limits Under 1996 Protocol to LLMC 1976

In our News Item of 4 June 2015 we reported that the increases to the limits of liability set out in the 1996 Protocol to the LLMC 1976 agreed at IMO would enter into force on 8 June 2015. The implementation of these...

Cuba Sanctions – Latest Developments

The United States has long maintained sanctions against Cuba and which included a ban on vessels calling in US waters for 180 days after having traded to Cuba. It was recently announced that this prohibition has been...

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