The list of MLC States that have confirmed an IG club certificate of entry will evidence financial security continues to grow

Further to our web alert of 24 May 2013 concerning the entry into force of the Maritime Labour Convention, The International Group has continued to engage with competent authorities in each State Party to the MLC, in order to seek confirmation that IG club certificates of entry will be accepted as evidence of shipowners’ financial security.   By way of clarification, financial security of the shipowner is required for the liabilities established under Standard A2.5 of the MLC, concerning repatriation of seafarers.   The IG clubs have agreed to extend the scope of standard cover to include repatriation in the circumstances listed in the Standard, including insolvency.

To date, the following 18 member states have provided confirmation that an IG club certification should be acceptable as evidence of shipowners’ financial security:

1. Antigua & Barbuda
2. Bahamas 
3. Cyprus 
4. Denmark 
5. Greece 
6. Kiribati 
7. Liberia
8. Malta 
9. Marshall Islands 
10. Norway
11. Singapore 
12. Spain 
13. Sweden 
14. Switzerland 
15. St Kitts & Nevis 
16. St Vincent & Grenadines
17. Tuvalu
18. (UK) (although the UK have yet to ratify the MLC)

We shall continue to provide updates concerning the position of other member states as appropriate.