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Russia - further U.S. and UK sanctions imposed

26 Feb, 2022
The scope of sanctions against Russia has continued to widen in view of the deteriorating situation in Ukraine, with both the United States and the UK issuing new sanctions in recent days.

New BIMCO sanctions clause for container vessels

11 Feb, 2021
BIMCO have recently published a sanctions clause for use in container vessel time charter parties. A copy of the clause and its accompanying explanatory notes can be found on our dedicated sanctions webpage,...

Group Reinsurance Rates 2026/27

17 Dec, 2025
The arrangements for the renewal of the International Group General Excess of Loss (GXL) reinsurance contract and the Hydra reinsurance programme for 2026/27 have now been finalised. These include the...

No.11 2023/24 - Class 1 (P&I) and Class 2 (FD&D) Renewals - 2024/2025

09 Nov, 2023
At their meeting on 8th November, the Board reviewed the latest Class 1 and Class 2 performance together with the Club’s mid-year financial position and agreed the approach to renewals for the 2024/2025...

Port State Control - Concentrated Inspection Campaigns 2021

05 Aug, 2021
The maritime authorities of the Paris and Tokyo MOUs on Port State Control (PSC) have announced that they will be running their Concentrated Inspection Campaigns (CIC) from 01 September 2021 to 30 November...

California Air Resources Board Maintaining at Berth Regulations

17 Jun, 2020
The South Coast Air Quality Management District (AQMD) Rule 1142 relating to gaseous leaks from tank vessels will continue to be enforced despite the Coronavirus pandemic.

Piracy – Gulf of Guinea – Interim Guidelines

23 Jan, 2013
In response to the growing number of piracy attacks in the Gulf of Guinea, several key industry organisations including the International Chamber of Shipping (ICS), BIMCO, Intertanko and Intercargo have...

Iran sanctions - wind-down period ends

12 Aug, 2019
Iran: the 90-day wind-down period to allow any contracts entered into prior to 8 May 2019 to be concluded ended on 6 August 2019, and the sanctions are now fully in place, irrespective of the date of the...

Russia – Increased Sanctions – Rusal & Trade with Entities on SSI List

25 Apr, 2018
Further to our News Item of 18 April 2018, the inclusion of United Company Rusal PLC (“Rusal”) in the amended U. S. SDN list has caused considerable confusion and disruption in the aluminium trades...

Hull Coatings - A Slippery Subject

11 Aug, 2020
As far back as Roman times, lead sheathing was being used to protect ship hulls from biofouling. The practice was then revived in the 17th century, but copper sheathing was subsequently found to be more...