A number of Members have sought clarification from the Managers about the impact of the recent designation of COSCO Shipping Tanker (Dalian) Co. ("COSCO Dalian").
Notices to Members
Notices to Members 25 Nov, 2019No. 11 2019/2020 - Class 1 (P&I) and Class 2 (FD&D) Renewals 2020/2021
The Board have considered the level at which premium rates should be set for Policy Year 2020.
Notices to Members 21 Oct, 2019No. 10 2019/2020 - Class 1 (P&I) and Class 2 (FD&D) Policy Balances
The Board reviewed the latest Class 1 and Class 2 figures and the Club’s mid-year financial position at their meeting on 16 October 2019.
Notices to Members 24 Sep, 2019No. 9 2019/2020 - US Sanctions on the Government of Venezuela & Petroleos de Venezuela, S.A. (PdVSA)
The US administration increased its sanctions programme against the Government of Venezuela, with Executive Order 13884 which blocks all property in the US of the Government of Venezuela, and prohibits US persons from engaging in any transaction with the Government of Venezuela.
The Club's principal source of information about sanctions and provides links to documents and contact details at the Managers' offices for guidance in respect of Club cover and sanctions. More here
The shipping industry faces a major challenge in complying with the global 0.5% sulphur cap for bunker fuel under MARPOL Annex VI as from 1 January 2020. This webpage provides resources from the Club and elsewhere to help guide Members in meeting those obligations.