Loss Prevention Advice
- Details
- News /
Two incidents of armed robbery against ships (one CAT 4 and one attempted incident) in Asia were reported between 30th January – 5th February 2024.
The CAT 4 incident occurred onboard ship while at anchorage in Kakinada Port, India on 24 Jan 2024; and the attempted incident occurred onboard ship while at anchorage in Chattogram Port, Bangladesh on 14 Jan 2024.
- Details
- News /
This circular highlight recent key developments in the sanctions imposed against Russia by the UK, EU and US. The Price Cap Members should refer to the Club’s circular on the Russian oil/petroleum price cap of December 2022 updated in February 2023 for details of the Price Cap scheme which regulates the transport and insurance of Russian CN 2709 and CN 2710 cargoes.
- Details
- News /
Regional conflicts in the Middle East raises the security risk to merchant shipping, in particular vessels transiting the Red Sea and GoA.
Following the renewed intensification of hostilities between Israel and Hamas in Gaza, the Iran-backed Yemeni Houthis continue to target vessels transiting the southern Red Sea, Bab-al-Mandeb Strait and the Gulf of Aden.
- Details
- News /
Background for Resolutions
Annual resolutions of the Directors are required in order to provide War Risks P&I Excess Cover, and to provide cover for Biochem risks; and in order to determine the limits applicable to cover for Pollution risks.
Full advisory at the following link:
https://www.ukpandi.com/media/files/uk-p-i-club/circulars/2024/uk-circular-03-24.pdf