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Hong Kong - Dark Smoke Emissions from Vessels
06 Aug, 2014
On 18 July 2014 new legislation entered into force in Hong Kong regulating dark smoke emissions from vessels.
It is now an offence for any vessel within Hong Kong waters to emit smoke continuously for...
S&P Credit Rating Upgrade
17 Dec, 2014
We are pleased to announce that credit rating agency Standard and Poor’s has upgraded the Club’s long-term counterparty credit and insurer financial strength rating to BBB+. The outlook is stable.
The...
Bunker Alert - High Abrasives and Density Fuels in Fujairah and Surrounding Ports, UAE
11 Feb, 2013
A new DNVPS Bunker Alert has just been published:
High Abrasives and Density Fuels in Fujairah and Surrounding Ports, United Arab Emirates
Iran Sanctions Update – Further Information
26 Nov, 2013
The Club’s US advisors Freehill Hogan & Mahar have issued a client alert with further information regarding the 23rd November P5+1 initial agreement with Iran to produce limited easing of sanctions:
Freehill...
Rusal - New Contracts
02 May, 2018
It was reported in our News Item of 25 April 2018 that OFAC had issued two new licences which in effect gave parties until 23 October 2018 to wind down their activities and contractual commitments with...