Friday, 12th April 2019

International Group signs MoU

The International Group and the Chinese Ship-Sourced Oil Pollution Compensation Fund (COPC Fund) signed a Memorandum of Understanding (MoU) in Shanghai on Wednesday 10th April to strengthen the ties between the two organisations and to ensure that the International Group Clubs and the Fund work in a collective and co-operative manner to handle claims in the event of a future ship sourced oil spill in Chinese waters.

The International Group has welcomed the signing of the MoU and believes that it is an important step in building on the relationship already established since the COPC Fund became operative.

The MoU addresses the manner in which the Clubs and the Fund will work together in the event of an oil spill in Chinese waters and highlights the importance placed by both parties on environmental protection, response and clean up and on the need to ensure that claimants that have suffered losses as a result of a ship sourced oil spill receive prompt and adequate compensation.

The International Group looks forward to maintaining and building on this important relationship with the COPC Fund.

COPC-IG

22 May 2020

International Group clubs respond to the US Government sanctions guidance for maritime and related industries.

On 14 May 2020 the US issued a Global Maritime Advisory (“Guidance”) aimed at a range of industry sectors including marine insurers such as P&I clubs, shipowners and charterers.
20 May 2020

Vessel monitoring and P&I insurance – ship’s Automated Information System (AIS)

The ability to track vessels using their AIS (“Automatic Identification Signals”) has become an increasingly important part of Clubs’ sanctions compliance programmes. All International Group Clubs have now agreed a common minimum standard of tracking.