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Third Party Shipmanagers MLC Cover
05 Jul, 2019
Third Party Shipmanagers MLC Cover Deck Cargo Cover protects an assured who is an independent, third party shipmanager against their obligation to reimburse the Club for any uninsured MLC liability where...
Strong Growth and Resilience Amid Market Challenges in 2024-25
14 May, 2025
The Club is pleased to announce another year of strong financial results as the Club continues to deliver on its long-term strategy of sustainable growth, disciplined underwriting, and capital resilience.
Partial Suspension of US Venezuela Sanctions
20 Oct, 2023
On 18 October 2023 OFAC issued four general licences representing a significant shift in the US government’s attitude toward its Venezuelan sanctions programme.
STCW Fraudulent Certification
26 Jul, 2024
The Club has been made aware lately of instances whereby some crew members operating on board our Members vessels have been in possession of false and fraudulent certification, potentially resulting in...
Compliance with IMOs Tier III NOx rules demands thorough planning
22 Apr, 2021
Simon Hodgkinson, Global Head of Loss Prevention discusses planning as the key factor as the shipping industry rises to the challenges presented by new air pollution rules.
Snap-Back Zones
06 Jan, 2025
All mooring lines under tension will stretch, particularly those made from synthetic material. Should the line break, stored energy will be released as it reverts to its original length.
COVID-19: A Harbinger of Positive Change for Shipowners and Seafarers?
12 Jan, 2022
The pandemic has been disastrous for seafarers: but the increased psychological focus on their mental wellbeing might cue improvements that benefit everyone.
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...
Panama Canal – New “Disruption Charge” Tariff Implemented by the Panama Canal Authority (ACP)
23 Feb, 2023
The Club's correspondent, C Fernie & Co S.A., has advised that effective on 01 January 2023, the Panama Canal Authority (ACP) has implemented a new tariff item known as the "Disruption Charge".