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No.1 2020/2021 - Acquisition of Shares in Nordic Marine Insurance
20 Feb, 2020
The Managers are pleased to advise Members that the Club will acquire a significant stake in the marine insurance provider, Nordic Marine Insurance (NMI).
No.13 2021/2022 - Class 1 & 2 Rules changes for 2022
21 Jan, 2022
An Extraordinary General Meeting of the Class 1 and Class 2 Members of the Association was held on Tuesday, 18 January 2022 via video conference and the following SPECIAL RESOLUTIONS were passed:
No.13 2023/24 - US temporarily authorises transactions involving oil, gas and gold in Venezuela
06 Dec, 2023
The US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) recently issued four general licenses suspending certain sanctions in relation to transactions involving oil, gas, and gold...
Venezuela Sanctions: U.S Amends General License 8 Affecting Chevron Shipments
23 Apr, 2020
On 21 April 2020 OFAC issued an amended General License 8 which allows certain operations related to the oil industry of Venezuela to be conducted by several U.S. entities, namely Chevron, Halliburton,...
Iran Sanctions – Effects on Travellers to the USA
26 Aug, 2016
The Club’s US attorneys Freehill Hogan & Mahar recently clarified with OFAC the impact of continuing US primary sanctions against Iran on non-US persons travelling to the United States.
OFAC’s view was...
Namibia – Ignition of Charcoal in Containers
09 Sep, 2015
Correspondents P&I Associates (Pty) Ltd, Durban have advised that a vessel recently loaded containers stuffed with bagged charcoal at Walvis Bay, Namibia. The charcoal inside one of the containers caught...
Port State Control: Paris and Tokyo MOUs - Concentrated Inspection Campaign on STCW Hours of Rest
04 Aug, 2014
The 45 maritime authorities of the Paris and Tokyo MOUs on Port State Control (PSC) have announced that they will be running a joint Concentrated Inspection Campaign (CIC) from 1 September 2014 until 30...
No.4 2022/2023 - IQAX e-trading circular June 2022
10 Jun, 2022
This Notice informs Members of the approval by the International Group of P&I Clubs (the
Group) of the IQAX eBL system.