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News items in 2015

Date Title

5 Aug 2015

Press article: Jeremy Grose, Chief Executive, interviewed in Insurance Day

Jeremy spoke on how the club is responding to the challenges of diversifying its business platform

5 Aug 2015

Web alerts: amendments proposed for coal cargoes under IMSBC Code

The proposals include an amended schedule for coal under Appendix 2 of the IMSBC Code.

5 Aug 2015

Web alert: Fifth Circuit ruling - additional insurance coverage capped by incorporating in the policy the $5m limit of the MSA

Endeavour Energy Resources, well owner and operator, and Basic Energy Service entered into a master service agreement (MSA) that contained valid reciprocal indemnity provisions and insurance obligations, requiring each party to obtain at least $5m in insurance coverage.

4 Aug 2015

Press article: Shocking liquefaction casualties must be stemmed by rigorous cargo checks

Yves Vandenborn, Director of Loss Prevention, contributed an article to the 31 July edition of TradeWinds

3 Aug 2015

Web alert: Iran sanctions – agreement reached on sanctions relief

On 14 July 2015, the Joint Comprehensive Plan of Action (JCPOA) was agreed between the E3/EU+3, the European Union and Iran whereby sanctions imposed against Iran will be lifted, in exchange for Iran agreeing to restrict their nuclear programme.

3 Aug 2015

Web alert: IHO updates ECDIS software to improve user experience

The International Hydrographic Office (IHO) recently published new versions of a number of its ECDIS software performance standards. These updates are designed to give the user a better experience, reduce alarms and improve the functionality of ECDIS.

31 Jul 2015

Web alert: IMO new routing measures - Alaska's Aleutian Islands & Australia's Coral Sea Commonwealth Marine Reserve

The Maritime Safety Committee of the IMO recently adopted new ship routing measures aimed at reducing the risk of marine casualties and related pollution from ships operating in the vicinity of Alaska’s Aleutian Island archipelago and the Australia's Coral Sea Commonwealth Marine Reserve.

31 Jul 2015

Web alert: new Court of Appeal decision considers relationship between Athens Convention and contribution claims

In The South West Strategic Health Authority v. Bay Island Voyages [2015] EWCA Civ 708, the Court of Appeal was asked to determine whether the two year time bar under Article 16 of the Athens Convention would apply to a contribution claim brought by the employer of a passenger against the carrier under the Civil Liability (Contribution) Act 1978 (“the 1978 Act”).

28 Jul 2015

Web alert: Nigeria blacklists crude oil tankers

On 15 July 2015, a letter was issued by Nigerian National Petroleum Corporation (NNPC), banning 113 oil tankers from entering Nigerian territorial waters and oil facilities.

24 Jul 2015

Web alert: nickel-ore liquefaction casualty

Members are advised that regrettably another bulk carrier has potentially suffered the consequences of cargo liquefaction.

24 Jul 2015

Web alert: The Standard Club’s 2015 results

The 'Annual report and financial statements 2015' and the 'Review of the year 2015' are available to download

23 Jul 2015

Web alert: important Supreme Court mesothelioma decision for insurers and members

The Supreme Court ruled that under an employers’ liability policy, an insurer paying a mesothelioma claim where the insurer was on risk only for part of the exposure period would be able to recover from any other insurer – or from the insured, if no cover existed or could be traced – a contribution to the settlement paid to the former employee.

23 Jul 2015

Web alert: steps being taken to tackle liquefaction of bauxite cargoes - an update from Intercargo

Following the tragic loss of the Bulk Jupiter earlier this year following the liquefaction of her bauxite cargo, steps are being taken to increase awareness of the nature of Bauxite and prevent such incidents happening again.

22 Jul 2015

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

The IMB has published its report on piracy and armed robbery for the second quarter of 2015, covering the period from 1 January to 30 June 2015.

16 Jul 2015

Web alert: Current status of international workers working in the offshore resources support industry in Australia

This web alert is designed to provide a general background with regards to the status of foreign workers employed on board offshore ships working in Australia’s EEZ.

16 Jul 2015

Web alert: Iran sanctions – joint comprehensive plan of action agreed on 14 July 2015

The diplomatic agreement of 14 July 2015 between the E3/EU+3 and the Islamic Republic of Iran opens the way for the restoration of trade activates with Iran by lifting the trade, energy, insurance and banking embargoes that have been incrementally imposed by the European Union and US since 2009.

15 Jul 2015

Standard Bulletin: Latin America Special Edition, July 2015

In this second Latin American special edition of The Standard Bulletin we provide a summary of the legal regimes in place across the region and highlight some common themes.

15 Jul 2015

Web alert: OW Bunker ‘test’ case – A disappointing UK judgment handed down yesterday (14 July 2015)

The judgment delivered by Mr Justice Males yesterday, regarding the Res Cogitans, was an appeal from an arbitration award delivered on 16 April 2015.

8 Jul 2015

Standard Bulletin, July 2015

In this edition, we cover: Rights of direct action against P&I clubs, Singapore War Risks Mutual, The Insurance Act 2015, Brillante Virtuoso ruled a constructive total loss, Reefer container claims, The Standard Syndicate 1884: ship’s spares cover, Enforcement: giving judgments and awards teeth overseas and our staff spotlight

6 Jul 2015

Web alert: Hurricane Sandy Qualifies as 'Act of God'; US COGSA Defence Successful

For an Act of God defence to succeed under COGSA, the carrier needs to prove that the damage was caused by an unexpected natural event and could not have been prevented by the exercise of reasonable care.

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