- — Supply chain fraud – the dangers of granting extended credit
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at 4/14/25 3:00pmFraudulent strategies can prove extremely profitable to the international criminal fraternity and the global supply chain is typically low risk due to the remote nature of the actual physical theft of goods. TT Club has regularly highlighted the risks of theft through fraudulent documents, mandate fraud, fraudulent truckers, and trucking companies presenting themselves to collect ...- — The New Arbitration Act 2025 – Key changes for maritime arbitrations
- at 4/13/25 3:00pmThe new Arbitration Act 2025 received Royal Assent on 24 February 2025 and will come into force most likely at some point later this year. The 2025 Act will not be a standalone Act but, rather, inserts amendments to the 1996 Act so as to enact the recommendations of the Law Commission codifying the common ...
- — Bumper Brazilian soya bean crop means more claims in China
- at 4/11/25 3:00pmBrazil’s National Supply Company (CONAB) forecasts a production of 166 million metric tons (MMT) – a 12.4 per cent increase from the previous season and a new record, surpassing the 2022/23 peak. This surge is driven by expanded planting, advancements in farming technology and favourable weather conditions. The United States Department of Agriculture (USDA) projects ...
- — Skuld announces key appointments in growth and service capabilities
- at 4/10/25 3:00pmSkuld is delighted to announce key appointments that reinforce Skuld’s growth ambitions, strengthen its service capabilities, and solidify its position as a world leader in marine insurance. Thea Thorstensen, senior vice president, who has been with Skuld for more than 10 years and has been responsible for successfully leading the Western European business unit, will ...
- — Stowaways in Africa
- at 4/10/25 11:00amOverview Owners have a clear interest in preventing stowaways from coming onboard, and boarding vessels at African ports remains one of the stowaways most commonly used methods. The adoption of the ISPS Code by many West African states has not yet been effective in avoiding stowaways. Over the past five years, we have noted the ...
- — Veracruz Port: Mooring line failures due to port expansion and weather
- at 4/6/25 3:00pmIn the last six months Gard has been notified of five incidents of mooring line failures at the port of Veracruz. Our local correspondent, Pinedo Abogados, attributes these failures to the ongoing port expansion construction at the Northern terminal and bouts of increasingly severe weather, specifically cold fronts. Port expansion The New Port of Veracruz ...
- — Ice damage – navigating the charterparty terms
- at 4/4/25 4:00amIce clauses tend to fall into one or more of the following categories: Clauses allowing charterers to employ the vessel in ice within certain parameters (for example, a ship is allowed to follow ice breakers but must not force ice). If a vessel is ordered to a port in breach of such clauses, the charterer’s ...
- — The importance of PEME
- at 4/3/25 4:00amFilipino seafarers play a crucial role in global trade, facing occupational hazards that demand strict health standards. Ensuring medical readiness before deployment is essential for their well-being and maritime safety. This article summarizes five years (2020-2024) of Halcyon Health Network, Inc. (Halcyon) data on seafarers pre-employment medical examinations (PEME) under Skuld standards, analysing health trends ...
- — The Swedish Club Enhances TELP with New Seasonal Iceberg Advisory
- at 4/2/25 11:00amThe Swedish Club is proud to introduce a new seasonal iceberg and sea ice Advisory feature within its Trade Enabling Loss Prevention (TELP) system. The Iceberg Alert, which has been designed to support vessels navigating through regions where seasonal icebergs and sea ice are prevalent, reinforces the Club’s commitment to maritime safety. It delivers a ...
- — The Swedish Club Enhances TELP with New Seasonal Iceberg Advisory
- at 4/1/25 11:00amThe Swedish Club is proud to introduce a new seasonal iceberg and sea ice Advisory feature within its Trade Enabling Loss Prevention (TELP) system. The Iceberg Alert, which has been designed to support vessels navigating through regions where seasonal icebergs and sea ice are prevalent, reinforces the Club’s commitment to maritime safety. It delivers a ...
- — The Swedish Club Issues Public Statement
- at 3/28/25 12:00pmThe Swedish Club is closely monitoring developments in Bangkok following the recent earthquake. Members of The Swedish Club management team and Board members have been in the city this week for Board meetings and all are safe and accounted for. The safety and well-being of our team remain our highest priority. We appreciate the concern ...
- — Russian sanctions: EU FAQs related to the infrastructure transaction ban
- at 3/28/25 5:00amWe refer to our Circular dated 10 March 2025 on the 16th package of sanctions against Russia adopted by the EU. We noted in the Circular that the package included Article 5ae of Council Regulation 833/2014 introducing a ban to engage in any transaction with ports listed in Part A of Annex XLVII, namely: Ust-Luga, ...
- — 3/2025: Carriage of Direct Reduced Iron (DRI)
- at 3/27/25 4:00pmIntroduction Direct reduced iron (DRI) in various forms is described in the International Maritime Sold Bulk Cargo (IMSBC) Code, (hereinafter, the Code). The latest addition, which becomes a mandatory part of the Code from January 2025, is the entry for the Type D, by-product fines with a moisture content of at least 2%. This entry ...
- — The Swedish Club Reports Strong 2024 Results, Bolstered By Member Loyalty and Strategic Focus
- at 3/27/25 12:00pmThe Swedish Club has delivered strong results for 2024, posting a USD 34 million profit and significantly increasing free reserves to USD 217 million, up from 184 a year earlier. Robust investment returns — fuelled by rising stock markets and favourable interest rates — played a key role in driving profitability and cash flow. Underwriting ...
- — 16th EU Sanctions Package against Russia – Infrastructure Transaction Ban – Update
- at 3/26/25 4:00pmUpdate to Circular dated 10 March 2025 regarding the recent sanctions against Russia: EU FAQs related to the Infrastructure Transaction Ban (Article 5ae of Council Regulation EU no. 833/2014). We refer to our Circular no. 1/2025 dated 10 March 2025 on the 16th package of sanctions against Russia adopted by the EU. We noted in ...
- — Britannia P&I Members’ Survey Highlights Continued Enhancements In Service Excellence And Regional Support
- at 3/26/25 4:00pmThe Britannia Groups 2024 survey sees significant increases in satisfaction with 92% of Members recommending the Club. Britannia PI Club is delighted to announce the results of its Members’ Survey, conducted every two years to assess the Club’s service performance and identify opportunities for enhancement. The survey reflects the Britannia Group’s ongoing commitment to providing ...
- — Ambrey announces the launch of Ambrey Global Specialty (AGS)
- at 3/26/25 12:00pmAmbrey announces the launch of its new specialist marine war MGA –– Ambrey Global Specialty (AGS). AGS is a Lloyd’s Coverholder with capacity provided by a panel of Lloyd’s of London insurers led by MS Amlin. AGS will specialise in ‘spot breach’ marine hull war risks insurance, utilising Ambrey’s unique data and insights to provide ...
- — Marine insurance industry advances climate reporting in third annual disclosure report
- at 3/23/25 4:00pmThe Poseidon Principles for Marine Insurance continue to take a leadership role in supporting global shipping decarbonisation with the release of their third annual disclosure report. This year’s report includes contributions from nine signatories and nine affiliate members across ten different countries. As a framework supporting insurers, brokers, and other industry players in aligning their ...
- — US Tariffs on Chinese built ships and fleets
- at 3/23/25 4:00pmThe Club has been receiving enquiries and requests for draft charter clauses from members about the proposed U.S. ‘Make Shipbuilding Great Again’ Order and potential imposition of port charges/tariffs on Chinese built/operated ships/fleets. The U.S. Trade Representative has proposed these actions in response to its perception of Chinese dominance in the maritime, logistics and ship-building ...
- — The ALION – Commercial Court emphasises the paramountcy of the Hague Rules in relation to time bar provisions
- at 3/21/25 5:00amIn the recent case of The Alion (Tanga Pharmaceuticals Plastics Limited and others v Emirates Shipping Line FZE [2025] EWHC 368 (Comm)), the Commercial Court ruled against the carrier who sought to escape liability based on a contractual time bar provision which they claimed prevailed over Article III Rule 6 of the Hague Rules incorporated ...
- — Marine insurance industry advances climate reporting in third annual disclosure report
- at 3/20/25 5:00amThe Poseidon Principles for Marine Insurance continue to take a leadership role in supporting global shipping decarbonisation with the release of their third annual disclosure report. This year’s report includes contributions from nine signatories and nine affiliate members across ten different countries. As a framework supporting insurers, brokers, and other industry players in aligning their ...
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