Monthly web news: December 2019
In December 2019, we reported the following;
Protection & Indemnity Insurance Terms 2020/2021
9 December - The terms for Protection & Indemnity Insurance for the 2020/2021 policy year are outlined in the P&I circular No 2649/2019.
Freight Demurrage & Defence Insurance Terms 2020/2021
9 December - The terms for Freight Demurrage & Defence Insurance for the 2020/2021 policy year are outlined in FD&D circular No 57/2019.
War Risk Insurance Terms 2020
18 December - The terms for War Risk Insurance for 2020 are outlined in the Marine circular No. 426/2019.
P&IQ Registration now open to all
19 December - In 2010 the International Group launched the P&I Qualification (P&IQ) programme as a dedicated professional qualification providing high quality, sector-specific training in all aspects of P&I insurance to Club employees.
Electronic (Paperless) Trading
23 December - Electronic Shipping Solutions, Bolero International Ltd, E-Title Authority Pte Ltd, Global Share S.A. (edoxOnline platform) and WAVE (The WAVE Network) has now been added to the list of IG approved systems.
CINS guidance on stowage of dangerous goods on container vessels
2 December - The Cargo Incident Notification System (CINS) has published a guidance on stowage and segregation of dangerous goods on container vessels.
IMB calls for caution over false endorsement of bills of lading
2 December - CCI December newsletter on fraud, corruption, money laundering and cybercrime.
IMB: Digitalisation and blockchains - portholes on the way forward
2 December - Read the latest IMB issue, which covers various incidents and the topic of; " ... the fourth industrial revolution and its disruptive technologies such as Internet of Things (IoT), robotics and virtual reality (VR).
MSS Case December: Dangerous heaving line caused injury
4 December - In the Monthly Safety Scenario Case of December, an incident during a mooring operation caused a line handler injury. This case gives advice on how to prevent personal injury to those receiving heaving lines, including permitted adaptations to onboard equipment.
12 December - Our Loss Prevention team have focused on the risks when using fumigation. A too quick chemical reaction of the fumigant due to insufficient handling, can cause ignition and explosions.
US sanctions affect the port of Ventspils, Latvia
12 December - The US State Department has through Office for Foreign Asset Control (OFAC) designated a former government official in Latvia and four companies owned or controlled by him. Of particular interest for members is the designation of Ventspils Freeport Authority.
Update on US sanctions affect the port of Ventspils, Latvia
19 December - Further to our members alert of 12 December the Club’s correspondents Pandi Balt has provided the following update.
The Swedish Club announces 5% General Increase
9 December - London 5 December 2019: The Board of The Swedish Club has announced a 5% General Increase, for P&I, in 2020 reflecting the balanced approach adopted by the Club to meet the needs of its members and the need of the Club to keep premiums abreast with claims.
The Shipping Podcast: Elda Kazara Belja, at the IMO International Maritime Law Institute (IMLI)
16 December - IMLI’s overall mission is to help build the legal capacity among the International Maritime Organization (IMO) member states, particularly developing states, to fulfil their obligations under the IMO treaties.
Out & About
The Club takes its marine insurance expertise to Zhuhai, China
5 December - Every three years The Swedish Club takes its marine insurance expertise to Zhuhai, China, running a series of seminars, workshops and presentations providing an insight into marine insurance for all sectors of the insurance industry.
Member Alert is published by The Swedish Club as a service to members. While the information is believed correct, the Club cannot assume responsibility for completeness or accuracy.