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Venezuelan Sanctions - designation of Rosneft Trading S.A. - Update - TTI

13 Mar, 2020
On 12 March OFAC designated TNK Trading International S.A. (TTI) to the SDN list under E.O. 13850 for operating in the oil sector of the Venezuelan economy. TTI was also designated to the Sectoral Sanctions...

War Risks - Waypoints Issue 03

02 Nov, 2022
With the terrible situation in Ukraine a daily fixture on the news and the Joint War Committee including many of the region’s seas and waterways as Listed Areas, suddenly war risk cover is firmly back...

Briefcases - Waypoints article

10 Jun, 2021
We look at the details of some recent cases, discuss the lessons to be learnt and examine the consequences and potential implications of each decision.

CIMAC Publication on Bunker Fuel Chemical Contamination

24 Nov, 2022
Marine bunker fuel quality is one of the aspects of global shipping that cannot be overemphasised. Bunkers of inferior quality can become not only a cause for additional working hours for engine room crews...

Cargo Damage due to Water Ingress from Ballast Tanks and Bilge Lines

09 Nov, 2022
Incidents resulting in damage to dry cargo following water ingress into the holds from ballast tanks and bilge lines continue to arise. Such claims are usually costly, and separating damaged goods from...

Ballast Water Management - CWQ Challenges for D2 Standard Compliance

22 May, 2024
The final phase for full compliance with the D2 Standard of the Ballast Water Management Convention is effective from 08 September 2024. Consequently, more operators are encountering inherent issues with...

No.15 2024/25 - West fully acquires Nordic Marine Insurance

09 Jan, 2025
The Managers are now pleased to announce the full acquisition of Nordic, with the Club acquiring 100% of Nordic subject to regulatory approval in Sweden.

No.7 2024/25 - EU adopts 14th sanctions package against Russia

04 Jul, 2024
On 24 June 2024 the EU Council adopted the 14th package of sanctions against Russia, which includes its first measures targeting Russia’s liquefied natural gas (LNG) sector...

Yemen - outbreak of dengue fever and chikungunya viruses

22 Jan, 2020
Serious outbreak of dengue fever and chikungunya viruses in Aden and other areas of Yemen.

No.14 2023/24 - Electronic (Paperless) Trading - Update to Secro Terms and Conditions

08 Dec, 2023
In 2022, the International Group (IG) first approved the Secro Customer and User Agreement dated 6th October 2022 (‘the 2022 Customer and User agreement’) and the Secro Standard e-bill of lading. The IG...