21 FEB 2018
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The General Data Protection Regulation (GDPR) will come into force on 25 May 2018 when it will have direct effect in the EU/EEA.This general guidance intends only to provide a brief introduction to the GDPR, as relevant to Gard P&I and its Members. The impact of the Regulation will most often be felt in claims relating to personal injury and illness or other cases involving data originating from natural persons.
09 FEB 2018
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A standard LOF will be used in most situations where an entered ship is in peril and hence in need of salvage services. However, we are aware that Members (and their Hull insurers) in certain circumstances may choose to vary the standard LOF and/or SCOPIC terms by entering into so-called “side agreements” or “side letters” with a salvor.
07 FEB 2018
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This Circular sets out the reinsurance arrangements through the International Group of P&I Clubs for the 2018 policy year for P&I entries with Gard and covers, inter alia, the structure of the cover arranged through the International Group Pool and the special P&I war risks cover, including bio-chem risks.
01 FEB 2018
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This Circular reminds Members of the need to obtain the authority of all joint assureds on the policy to sign the MLC Undertaking on their behalf and to bind them to their obligations under the MLC Extension Clause 2016, and to remind all Co-Assureds, Members and Joint Members that they are jointly and severally liable to reimburse the Club for any MLC liabilities falling outside standard P&I cover.
16 JAN 2018
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The International Group of P&I Clubs and the shipping line members of the Cargo Incident Notification System (CINS) have issued a revised version of the Guidelines for the Carriage of Calcium Hypochlorite in Containers.
03 JAN 2018
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This Circular outlines the amendments to the Rules for Ships and the Rules for Mobile Offshore Units which will enter into force at noon GMT on 20 February 2018.
22 DEC 2017
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20 DEC 2017
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New oil spill response requirements in Honduras. These will come into force on 1 January 2018 and will apply to both tank and non-tank vessels.
26 OCT 2017
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We are pleased to report that the financial position of Gard P. & I. (Bermuda) Ltd. and its subsidiaries remains strong on a consolidated basis, as of the 20 August 2017.
15 JUL 2017
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We refer Members to our Circular 17/2016 on the IMO’s International Convention for the Control and Management of Ships' Ballast Water and Sediments (the “Convention”) that will enter into force on 8th September 2017, and the US Coast Guard (USCG) regulations requiring the installation on most vessels operating in US waters of a BWM system that meets the USCG’s stricter testing standards at the first scheduled dry docking after 1st January 2016.
10 JUL 2017
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Members are informed that BIMCO and ISCO have launched two standard contracts, RESPONSECON and US RESPONSECON, for the hire of specialised spill response services and equipment. The contracts were drafted by a project sub-committee representing industry and chaired by a representative from the International Group. They conform with the International Group's Guidelines on Vessel Response Contracts.
15 JUN 2017
The Annual General Meeting of Assuranceforeningen Gard - gjensidig - will be held at the offices of Gard AS, in Arendal, Norway on, on 1 September 2017.
09 MAY 2017
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The Boards of Directors of Gard P. & I. (Bermuda) Ltd. and its subsidiaries have noted that the Association’s financial position continues to strengthen, and are pleased to report that no Deferred Call for the 2016 policy year will be levied against the Members.
20 FEB 2017
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The International Group initiated a review at the start of 2016, with the participation of the 1992 Fund Secretariat and the OCIMF. The outcome of the review initiated by the International Group at the start of 2016 highlighted that the total cost of claims paid by shipowners under the system in this ten year period was significantly higher than the total cost of claims paid by cargo contributors in the same period. However, following consultation with ICS and Intertanko, the International Group decided on this occasion not to implement any of the measures in the Agreements to adjust the financial burden.
15 FEB 2017
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This Circular sets out the reinsurance arrangements for the 2017 policy years for P&I entries with Gard.
18 JAN 2017
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This Circular outlines the amendments to the Rules for Ships and the Rules for Mobile Offshore Units of both Assuranceforeningen Gard - gjensidig – and Gard P. & I. (Bermuda) Ltd which will enter into force at noon GMT on 20 February 2017.
13 JAN 2017
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04 NOV 2016
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Reference is made to our Circular No. 13/2016 dated October 2016 advising that all Clubs in the International Group would shortly provide information to Members about the process for obtaining MLC Certificates. The purpose of this Circular is to inform Gard Members of the application process.
27 OCT 2016
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The Gard group wishes to promote the exercise of proper practice when conducting business through brokers and other intermediaries. Besides improved ‘Know Your Client’ procedures, we will in particular ensure that payments of remuneration to brokers, and other intermediaries being the agents of the insured, are transparent and meet the best practice requirements under governing legislation.
27 OCT 2016
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The financial position of Gard P. & I. (Bermuda) Ltd. and its subsidiaries, on a consolidated basis as at the end of the second quarter of 2016 (20 August), remains strong.