Articles

On 17 March 2022 the UK Government published a General Trade Licence in part to clarify earlier amendments to the UK Russia (Sanctions) (EU Exit) Regulations. Specifically, the licence addresses the issue as to whether it is lawful under the Regulation for insurers and reinsurers domiciled or operating from the United Kingdom to provide insurance for vessels calling at Russian ports or transiting Russian territorial waters.

On 27 April 2022, a few months after announcing a ban on the export of thermal coal, Indonesia announced a ban on the export of crude palm oil and palm oil products.

China is still adhering to its Covid-19 dynamic clearance policy as the Omicron variant is spreading across the country. Following  a recent politburo meeting, the central government has received clear instructions to continue its Covid-19 control policy. Since the strict measures to contain the virus are unlikely to relax in the short term and one key aspect of such measures is to prevent the import of cases from abroad, the Covid-19 restrictions in Chinese ports are likely to remain in place for some time.

Notice is hereby given that the Annual General Meeting of Assuranceforeningen Gard - gjensidig – will be held at the offices of Gard AS in Kittelsbuktveien 31, 4836 Arendal, Norway and as a video conference on Thursday 2 June 2022 at 10.00 a.m.

The financial year ending February 2022 was very challenging for the maritime industries, due to a variety of financial and operational difficulties. Our role is to support our shipowners when times are tough, and this year’s report highlights a number of areas where Gard has – through its size, reach and expertise, been able to deliver on that promise. 

As the Maritime and Port Authority of Singapore continues to investigate HSFO bunkers found to contain harmful chlorinated hydrocarbons supplied in the first quarter this year, our authors review the imbalance between the position of time charterer vis-à-vis vessel owners versus the charterer’s recourse opportunities under the bunker sale contract.