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What is P&I Insurance?
23 Sep, 2022
Protection and Indemnity (P&I) is a type of insurance held by shipowners. Every ship plying its trade anywhere in the world needs to have valid P&I coverage.
P&I plays a critical role in protecting...
Astaara expands underwriting capacity, boosting cyber insurance limit to $25 million
04 Apr, 2023
Astaara’s cyber insurance covers ports and terminals, as well as ships, shipowners and ship managers. The insurance is led by A-rated cyber insurance industry leader Axis Specialty Europe SE, with Astaara...
Cargo - Nickel Ore
14 Sep, 2018
The dangers associated with the carriage of nickel ore, due to the risk of liquefaction of the cargo on passage when the moisture content is higher than the cargo’s Flow Moisture Point (FMP), are well...
Iran - US exits JCPOA
09 May, 2018
President Trump announced on 8 May 2018 that the United States will terminate its participation in the Joint Comprehensive Plan of Action (JCPOA) that was agreed with Iran in July 2015 and will re-impose...
No.6 2023/24 - Sanctions - The European Union's 11th Sanctions Package
03 Jul, 2023
On 23 June 2023 the EU Council adopted the 11th package of economic sanctions against Russia to prevent their circumvention and further erode Russia’s revenues.
Comprehensive Guide to Sampling Procedures: Best Practices and Insights
09 Nov, 2022
Given that cargo contamination claims are the most frequent and costly claim that tankers experience, the following bulletin highlights the best sampling practices to be undertaken onboard vessels.
Lebanon - Arab Boycott
12 Nov, 2013
We are most grateful to our Commercial and Legal Correspondents in Lebanon Maurice G. Mouracadé & Co. and Baroudi & Associates respectively for the following advice concerning vessels calling at Lebanese...
California Air Resources Board Update on New Requirements
04 Oct, 2011
Further to our news article of 23 September 2011 entitled “USA – California Air Resources Board Amendments to the Ocean Going Vessel Fuel Rule”, the California Air Resources Board (CARB) has now issued...
BIMCO - New Charter Party Clause for Solid Bulk Cargoes that can Liquefy
15 Aug, 2012
In August 2011 the Club advised Members of a new charter party clause drafted by the International Group for the carriage of solid bulk cargoes that can liquefy: IMSBC Code – “Group A” Cargoes – Charter...