01 JUN 2015
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The PRC Ministry of Transport recently published revised Regulations of the People’s Republic of China on Emergency Prevention and Handling of Marine Pollution Caused by Vessels, which became effective on 12 May 2015. The revised Regulations remove the requirement on SPROs to be approved by the China MSA, and introduce instead a new supervision and examination procedure by the local MSAs.
15 MAY 2015
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Article 6 of Uruguayan Law 19.012, which entered into force on 23 November 2012, established an obligation for some types of vessels and floating structures to contract with an Oil Spill Response Organization (OSRO). The Regulation will now take effect on 15 May 2015.
12 MAY 2015
At their recent meetings, your Boards of Directors received various reports on
matters of importance for the business activities of Gard P. & I. (Bermuda)
Ltd. and Assuranceforeningen Gard - gjensidig, and were pleased to note that
the financial position of the Associations has strengthened further.
23 FEB 2015
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Changes to the contracts of some oil spill response contractors in Alaska and
Guam mean they now conform with the International Group of P&I Clubs'
Guidelines.
20 FEB 2015
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The International Group has been informed that the Uruguayan Coast Guard has decided to suspend the entry into force of the Regulation pending clarification of certain issues with the OSROs.
17 FEB 2015
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On 20th February 2015, Disposición Marítima N° 149 will take effect in Uruguay with the aim of establishing a set of rules governing the requirement for owners to contract with an oil spill response company approved by the Uruguayan Coast Guard, amongst other requirements.
09 FEB 2015
Reinsurance arrangements for the 2015 policy year for P&I entries with Gard P. & I. (Bermuda) Ltd and Assuranceforeningen Gard - gjensidig
06 FEB 2015
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A vessel flagged in a State Party or calling at a port or offshore facility in a State Party is required to obtain a certificate from a WRC State Party attesting that insurance or other financial security is in force in accordance with the Convention. The WRC provides that certificates must be obtained from the State in which a ship is flagged, providing that State is party to the Convention. Ships flagged in countries that are not parties will need to obtain a certificate from a relevant authority in a State Party.
26 JAN 2015
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The California Office of Spill Prevention and Response recently amended the relevant provisions in the CA Code of Regulations on evidence of financial security required for COFRs. The new regulations now specifically state that where P&I coverage has expired the operator must submit a copy of the new COE at least 10 calendar days before operating in California waters.
15 JAN 2015
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This circular outlines amendments to the Rules for MOUs of both Assuranceforeningen Gard - gjensidig - and Gard P. & I. (Bermuda) Ltd, which will enter into force at noon GMT on 20 February 2015.
15 JAN 2015
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This circular outlines amendments to the Rules for Ships of both Assuranceforeningen Gard -gjensidig - and Gard P. & I. (Bermuda) Ltd, which will enter into force at noon GMT on 20 February 2015.
19 DEC 2014
Vessels must obtain a certificate from a State Party to the Wreck Removal Convention attesting to the fact that it has insurance to cover liability under the Convention in an amount equal to the limits of liability under the applicable national or international limitation regime. All International Group Clubs have agreed to issue Blue Cards so that Members
may apply for a WRC certificate.
04 DEC 2014
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The International Group has amended the recommended spill response contract wording and has produced a revised IG Sample Agreement dated 20 November 2014.
28 NOV 2014
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19 NOV 2014
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There have been cases reported in the US where claimants have filed suit against vessel managers in order to avoid the COGSA defences/limitations which protect shipowners. US legal advice was therefore obtained on a possible amendment of the current revised clause ...
05 NOV 2014
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On 14 April 2014 the Nairobi International Convention on the Removal of Wrecks, 2007 achieved the requisite number of ratifications triggering the entry into force conditions. The Convention will enter into force in State Parties on 14 April 2015.
28 OCT 2014
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We are pleased to report that the financial position of Gard P. & I. (Bermuda) Ltd and Assuranceforeningen Gard – gjensidig as at the end of the second quarter of 2014 (20 August, 2014) remains strong.
11 AUG 2014
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25 JUL 2014
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The six month temporary suspension period of certain transportation and insurance prohibitions expired on 20 July 2014. Subject to the parties to the JPoA meeting certain conditions, it has been agreed that a further period of temporary suspension of prohibition measures will apply until 24 November 2014.
15 JUL 2014
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The European Union has published Regulation 692/2014 of 23 June 2014, introducing trade sanctions in respect of goods originating in Crimea or Sevastopol and on the provision of financing or financial assistance, insurance and reinsurance, related to the import of such goods