Articles

The International Group of P&I Clubs has now approved an updated version of the Secro March 2023 Customer and User Agreement, dated 13th November 2023, and some amendments to Secro standard e-bills.  

The US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) recently issued 4 general licenses suspending certain sanctions in relation to transactions involving oil, gas, and gold in Venezuela. 

The English High Court’s decision in the case of the MSC FLAMINIA provides useful guidance on which claims are subject to limitation, and which are not.

The IMO has adopted a new voluntary speed restriction scheme in the North-West Mediterranean Sea to protect local whale populations. This area is also marked on the newly released global whale chart aimed at helping seafarers in planning their voyages to reduce the risk of vessel-whale collisions.

In the past few months, Gard has received several queries on the safe carriage of battery energy storage systems (BESS) on ships. In this insight, we highlight some of the key risks, regulatory requirements, and recommendations for shipping such cargo.

Updated 5 December 2023

Geopolitical tensions in the Red Sea have increased since the commencement of the Israel-Gaza conflict and this is particularly relevant for assets with links to Israel transiting the region.