17
2016-05

The International Group of P&I Clubs (IG Clubs) and the shipping line members of the Cargo Incident Notification System (CINS) have collaborated to produce a new set of guidelines for the carriage of Calcium Hypochlorite in containers. These new guidelines can essentially be considered "IMDG Code plus precautions" in that they include selected provisions from the IMDG Code plus additional precautions consistent with the science basis established in 1999 by consulting scientists advising the IG clubs. These new guidelines replace the Frequently Asked Questions (FAQs) produced by the IG clubs in 2010.
05
2016-05

The Inter-Club New York Produce Exchange Agreeement 1996 (as amended Suptember 2011) ("the 2011 Agreement" provides a mechanism whereby liability for cargo claims arising under the New York Produce Exchange Form (NYPE) or Asbatime charterparties and/or contracts of carriage authorised under such charterparties can by swiftly and fairly apportioned between owners and charterers.
18
2016-04

As previously notified, the International Group has bought "fall-back" cover, which is designed to respond to reinsurance recovery shortfalls that would result from the inability of US-domiciled reinsurers on the Group GXL and Hydra reinsurance programmes to make payments due to the continuing application of US primary sanctions, for the 2016/17 policy year.