News

04 March 2011

Piracy – Industry awareness campaign website launched

As part of the concerted industry effort to raise public and political awareness of the escalating piracy problem, and in particular the plight of seafarers and impact on global trade, a number of industry organisations have launched a new website www.

03 March 2011

Piracy – Industry Best Management Practices Version 3

Piracy – Industry Best Management Practices Version 3 is the updated and current version of the industry developed Best Management Practices developed for shipowners transiting off the coast of Somalia and the Arabian Sea areas.

13 January 2011

The Port of Rotterdam/industry arranged visit for members of the European Parliament

The Port of Rotterdam/industry arranged visit for members of the European Parliament The Port of Rotterdam, in conjunction with interested industry parties including the International Group, arranged a visit for several Members of the European Parliament, together with several MEP assistants, representatives of the EU Transport Commissioner's Cabinet and various ports and shipping associations.

12 January 2011

International Group General Excess Loss Reinsurance Contract Renewal 2011/2012

The arrangements for the renewal of the International Group General Excess of Loss reinsurance contract and Hydra reinsurance programme for 2011/12 have now been finalized.

08 December 2010

IG - London Shipping Law Centre (LSLC) - Presentation on the HNS Convention/Protocol

Colin Trappe (representing the North of England and the International Group) presented a paper at the LSLC event on the HNS Convention/Protocol held in London on 8 December.

26 October 2010

IG - Hong Kong Maritime Awareness Week - Presentation on Chinese Pollution Prevention Regulations

The International Group (represented by Edward Lee of Steamship Mutual) presented a paper at the Joint Conference on Maritime Labour Convention (2006), PRC Marine Pollution and Maritime Security on 26/10/2010 in Hong Kong.

20 September 2010

European Commission investigation – recent press coverage.

Following the announcement by the European Commission that it has opened an investigation into certain aspects of the International Group’s pooling and reinsurance arrangements, there have been several press comments and articles which infer a lack of activity and engagement on the part of the Group with the competition regulators in Brussels.

26 August 2010

European Commission investigation announced on 26 August 2010

The European Commission has today announced that following the expiry of the second 10 year exemption for the International Group Agreement, it is carrying out a review and making inquiries into certain aspects of the Group's claims- sharing and reinsurance arrangements.

17 June 2010

US Oil Pollution Act 1990 – proposed amendment following “Deepwater Horizon” incident in the US Gulf

On 12 May, as a consequence of the events arising out of the explosion which occurred on the “Deepwater Horizon” oil drilling rig in the Gulf of Mexico on 20 April 2010, President Obama made a formal request to Congress to amend, inter alia, the provisions of OPA 90 relating to shipowner limits of liability, specifically to introduce unlimited liability in respect of removal costs and a new limit (unspecified) for damages claims and a new limit (unspecified) for Certificates of Financial Responsibility (Cofrs).

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