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News and knowledge


News items in 2015

Date Title

26 Nov 2015

Web alert: New BIMCO Anti-Corruption Clause for Charterparties

BIMCO has recently launched a new clause which aims to provide owners with a degree of protection in the event that the master of a vessel is put under such pressure to provide an unwarranted gift or payment that he has no realistic alternative to complying, notwithstanding that such gift or payment may contravene applicable laws such as the UK Bribery Act.

24 Nov 2015

Web alert: security update - High Risk Areas - security guards and patrol/gunboats in the Gulf of Guinea

Despite the number of reported incidents of piracy declining globally, especially off Somalia with no reported incidents since 2013, shipowners continue to face threats from piracy and armed robbery in other regions across the world, including the Gulf of Guinea and Southeast Asia.

19 Nov 2015

19 November 2015, Standard Club Circular - Insurance Act 2015

Please read attached circular

13 Nov 2015

Post-board Bulletin, November 2015

The club board, and the boards of its principal subsidiaries, met in Bangkok on 30 October 2015. The club’s AGM was held on the same day. On the previous day, meetings of the board’s three committees – Strategy, Nomination and Governance, and Audit and Risk – took place. We report on these and other topics in this special edition.

12 Nov 2015

Web alert: carriage of bauxite that may liquefy

The IMO has published a new circular.

5 Nov 2015

Web alert: IMB publishes third quarter report on piracy and armed robbery for 2015

The IMB cautions against complacency in its latest report on piracy and armed robbery which covers the period from 1 January 2015 to 30 September 2015.

30 Oct 2015

Web alert: cyber security

Leading shipping organisations to publish guidelines on cyber security onboard ships in mid November.

27 Oct 2015

Web Alert: Iran Sanctions: Adoption Day - Preparing for the implementation of the Joint Comprehensive Plan of Action (JCPOA)

On July 14, 2015, the P5+1, the European Union and Iran, reached a Join Comprehensive Plan of Action (JCPOA) to ensure that Iran’s nuclear program will be exclusively peaceful. On the18 October 2015 the JCPOA came into effect which is known as “Adoption Day” in that all of the participants including the US, are required to make the necessary arrangements to implement their respective commitments under the JCPOA.

27 Oct 2015

Standard Bulletin, October 2015

In this edition, we cover: the LPG trade and its risks, cover for FLNG, America's role as a potential energy exporter, the costs of pollution covered by particular average, widening arrest possibilities in the Netherlands, vessel sharing agreements and the staff spotlight.

23 Oct 2015

Web alert: Electronic (paperless) trading systems - essDOCS Exchange Ltd (essDOCS), Bolero International Ltd. (Bolero), E-title Authority Pte Ltd.

We have received a number of enquiries from members regarding the use of electronic bills of lading and the implication with regard to club cover. In conjunction with the other IG clubs, we have prepared the attached updated frequently asked questions which we hope may be of assistance in addressing such queries.

22 Oct 2015

Web alert: IMO guidance for ECDIS best practice

Members are advised that a recent IMO circular MSC.1/Circ/1503 which was released on 24 July 2015 provides guidance on good practice for the use of ECDIS.

22 Oct 2015

Web alert: OW Bunker ‘test’ case - The Court of Appeal hands down its latest judgment (22 October 2015)

The Court of Appeal has earlier today handed down its decision on the Res Cogitans matter, which was heard on an expedited basis by the English court.

20 Oct 2015

Web alert: BP reaches a legal settlement of $20bn with the United States and five Gulf states over the 2010 Deepwater Horizon Oil Spill.

On 5 October 2015, a settlement of US$20bn was agreed between BP and the US and the five Gulf States (Alabama, Florida, Louisiana, Mississippi and Texas) in order to resolve BP’s civil claims emanating from the Deepwater Horizon oil spill which occurred in 2010 off the coast of Louisiana.

15 Oct 2015

Web alert: BIMCO jointly issues 2015 revision to the NYPE form time charterparty

BIMCO has today jointly, with the Association of Ship Brokers and Agents (ASBA) and the Singapore Maritime Foundation (SMF), issued a revision to the New York Produce Exchange Time Charterparty form ('NYPE'), the first since 1993.

15 Oct 2015

Web alert: province of Zambales further update

Further to the club’s previous web alert of 7 September 2015 and web alert of 15 September 2015, we understand that several members have been impacted by the regulations introduced by the Province of Zambales in respect of the imposition of a passage fee on passing ships off the western Philippines coast.

14 Oct 2015

Web alert: Yemen Port Update - Hodeidah closed

The club is aware that the port of Hodeidah is now closed to all vessels as of 16:30 on Sunday 11 October 2015 until further notice.

9 Oct 2015

Web alert: High Risk Area for piracy in Indian Ocean reduced in size

In essence, the HRA no longer extends to waters off the Indian sub-continent.

6 Oct 2015

Web alert: Letters of Comfort requested for trade in Nigerian waters

Letters of Comfort are now being sought to guarantee that the nominated vessel will not be utilized for any illegal activity in Nigerian territorial waters.

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