PROTECTING
OCEAN INDUSTRIES

12 September 2019

War risks - Charterers' perspective

Skuld Charterer September 2019.

12 September 2019

US sanctions on the Government of Venezuela and Petroleos de Venezuela, S.A. (PdVSA)

Circular issued by International Group clubs

10 September 2019

Latest news on Iran sanctions

The United States administration continues to escalate sanctions targeting non-US persons involved in the shipping industry.

9 September 2019

Skuld Annual General Meeting 5 September 2019

Members and clients received reports on matters of importance to the Association's business and annual elections were held.

6 September 2019

Skuld again reports positive half-year results

Bottom-line net income was USD 2 million, compared with USD 14 million at the half-year of 2018/19. The result arises mainly from investment income and Skuld’s commercial P&I book of business.

5 September 2019

Nickel ore liquefaction alert

Members and masters are advised to take extreme caution when loading nickel ore in the region of Indonesia and the Philippines.

4 September 2019

Guidance on the United States Sanctions Compliance Programmes published by the Office of Foreign Assets Control

Circular issued by International Group clubs

8 August 2019

Venezuela Sanctions – increased scope

On 5 August 2019 the US administration significantly increased scope of sanctions against the Maduro regime in Venezuela.

5 August 2019

Force Majeure - Court of Appeal clarification

Charterers cannot rely on a force majeure clause if they would have failed to provide the cargo in any event. The Court of Appeal reverses decision on damages but upholds reasoning on liability.

30 July 2019

Tokyo and Paris MoU: Concentrated Inspection Campaign

A joint concentrated inspection campaign on emergency systems and procedures has been launched by Tokyo MOU and Paris MOU and will commence on 1 September 2019.

25 July 2019

MARPOL annex VI - Sulphur Cap 2020 - Tank cleaning guidance

Fuel oil tanks should be cleaned on regular basis to remove build-up of sediments and sludge.

23 July 2019

Strait of Hormuz - security guidance

Following the events on Friday 19 July in the Straits of Hormuz, BIMCO, the ICS, Intertanko and the OCIMF have drafted the following reporting guidance.