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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...
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...
South Africa - Stowaways in Durban
17 Mar, 2014
Incidents involving stowaways boarding vessels in Durban are a familiar occurrence, with the Club previously having to advise Members to take particular care in this port: South Africa – Stowaways - Update....
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...