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New Loss Prevention Bulletin - The Carriage of Rice
04 Aug, 2015
The carriage of rice in bags and in bulk is an established trade. However, claims for damage and/or shortages frequently arise. The reasons why rice may deteriorate need to be understood so that, so far...
Price Cap Attestations - Important notice
28 Feb, 2024
We refer Members to our Notice to Members No.19 2023/24, setting out details of important changes to attestation requirements for Price Cap cargoes effective from 20 February 2024.
No.15 2022/2023 - (UPDATED) Sanctions - The Price Cap on Russian Oil
10 Feb, 2023
Trade sanctions aimed at Russia have been in place since Russia’s annexation of Crimea in 2014.
In the months preceding the current crisis the EU, G7 and other countries warned of an unprecedented programme...
The new GENCON 2022 charterparty
04 Jul, 2023
BIMCO’s GENCON charter was first developed in 1922. It has been considered BIMCO’s flagship contract and it is the most widely used voyage charter party in the dry bulk sector.
No.12 2022/2023 - updated EU FAQs - carriage of certain Russian cargoes inc. coal and fertilisers
02 Nov, 2022
On 19 September 2022, the EU amended its FAQS clarifying that the carriage of certain cargoes from Russia including coal and certain types of fertiliser (and related insurance) is not prohibited (under...
Carriage of Charcoal and Carbon in Containers
11 Jul, 2022
The Club has noted a number of recent container fire incidents related to containers which were declared as miscellaneous items but actually contained charcoal/carbon. This is a commodity liable to spontaneous...
Puerto Rico – Rejection of Electronic Certificates of Registry at Port of Ponce
03 May, 2023
The United States authorities at the Port of Ponce, Puerto Rico, have recently been rejecting electronic Certificates of Registry and demanding that vessels present the original hard copies during customs...
No.2 2023/24 - Russian Oil Price Cap update - Reporting requirements and evasion alert
05 May, 2023
On 4 December 2022, the UK Government issued General Licence INT/2022/2469656 (“GL”) to implement the EU/G7 price cap in respect of Russian origin crude oil, which was amended on 3 February 2023 to implement...
India - Prohibits Non-Basmati Rice Export to Ensure Food Security
26 Jul, 2023
In a significant move to regulate the export of non-basmati rice, the Government of India, through the Directorate General of Foreign Trade (DGFT), has issued Notification No. 20/2023. The notification,...
Sanctions - Price Cap on Russian Oil - Minor Amendment
14 Feb, 2023
An updated Notice to Members No.15 2022/2023 was issued on 10 February 2023 to take account of the planned expansion of the G7 Price Cap Scheme to Russian petroleum products as from 5 February 2023.