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NITC, Europe Agencies Join to Insure Iran Tankers

The National Iranian Tanker Company (NITC) and European insurance agencies have teamed up to provide cover for Iranian oil cargoes,

Insurers group sounds alarm over Iran ship insurance

A group of insurers warned shipowners this week to be careful when signing deals to carry Iranian oil because the United States

India: Lifting of Iron Ore Mining and Export Restrictions

In respect of the latest developments, the Association can advise as follows:

    The lifting of the mining restriction : Karnataka

Incidents between merchant vessels and aquaculture farms in vicinity of Lanshan Port, China

Two recent incidents in which merchant ships were alleged to have damaged aquaculture farms

Iran sanctions suspension may be valueless for ship insurance: Japan P&I club

The six-month suspension of EU and US sanctions banning insurance cover for vessels

USCG propose changes to marine casualty reporting requirements for foreign flagged vessels

The US Coast Guard (USCG) has proposed a rule change which will require foreign flagged vessels

Steamship Club issues financial update

At a Board Meeting in Singapore on 20th and 21st January 2014 the Directors reviewed a number of matters including the financial position of the Club

North P&I and Sunderland Marine Mutual members agree to merge

The members of North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited

Fraud in the Maritime Industry

During the recent years, the shipping industry and maritime commerce has seen a sharp increase in not only the number of fraud cases, but also the variety of fraud. Fraudsters are becoming more and more ingenious in their design and execution of scheme, including the use of modern technology, such as computer hacking, but sometimes tried & tested “old school”

Iran Oil-Shipping Insurance Seen Unusable on Lack of Clarity

Insurance for tankers to export Iranian crude may be unusable even after the U.S. and the European Union eased sanctions

US Non-Tank Final Rule - Alaska Alternative Planning Criteria

Members are referred to Notice to Members No. 29 2013/2014 and in particular the vessel response planning requirements

Experience, not size, is what matters

Executives of smaller money management firms with sizable institutional assets and top investment performance usually have one thing in common: years of industry

London P&I Club issues renewed warning on cargo liquefaction

The London P&I Club says the lifting of an iron ore ban in India, together with the recent total loss of

Intertanko amends model piracy clauses to take account of Gulf of Guinea risks

Intertanko recently announced that it has amended its model piracy clauses to take into account security issues

Threat of attack to ships trading at Libyan oil ports

The club is aware of recent reports indicating that ships attempting to trade at a number of Libya’s oil ports are coming under threat

Iron Ore Fines/Iron Ore Cargoes – Early Implementation of recent changes to the IMSBC Code

[As Members have previously been informed] A new iron ore fines (IOF) Schedule to the

Libya: Update on Libyan ports

The Association is grateful to correspondents Gargoum Legal Marine for their input to this advisory. The Association has also drawn on updates from Intertanko to verify

Hong Kong: Proposed new rules on fuel sulphur content

The Association would like to advise Members, who have no doubt seen the numerous industry news articles, that new rules are

EU lifts ban on Iranian oil tanker insurance

The EU amended a key part of its Iranian sanctions package imposed in July 2012 by lifting its ban on the provision of insurance for tankers carrying crude oil from

Standard Club: Iran sanctions update

This Circular addresses the anticipated changes in EU and US sanctions measures relating principally to transportation and insurance of oil, petroleum
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