Loss Prevention Advice
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Below you will find ARC’s weekly report dated 7 August 2024, covering the period of 1 to 7 August 2024, where the following incidents were reported:
- 0 maritime security incidents in West Africa in the last 7 days
- 1 maritime security incident in the Indian Ocean/Middle East in the last 7 days.
Full advisory at the following link.
https://britanniapandi.com/wp-content/uploads/2024/08/ARC-Weekly-Report-07.08.24.pdf
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The International Group (“IG”) Standard Form Letters of Indemnity (given in return for delivery of cargo without production of an original bill of lading and/or delivery of cargo at a port or place other than stated in the bill of lading) were last reviewed in 2010.
Despite the risks involved they remain widely used (and, in some trades, it is almost the rule that cargo is delivered pursuant to a Letter of Indemnity). A number of recent English Court judgments have upheld their overall effectiveness, despite attempts by some parties to escape their contractual obligations.
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The International Maritime Organization (IMO) has published its Monthly Piracy Report for the month of June 2024.
The following acts of piracy and armed robbery are allegedly committed against ships during the month of June 2024, reported by IMO Member States or international organizations in consultative status.
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Two incidents of armed robbery against ships in Asia were reported between 30 July and 6 August 2024.
One incident occurred onboard a bulk carrier while anchored at Kuala Tanjung Anchorage, Indonesia on 21 Jul 2024. The other incident occurred onboard a bulk carrier while underway in the eastbound lane of the Traffic Separation Scheme (TSS) of the Straits of Malacca and Singapore (SOMS) on 6 Aug 2024.