Member circulars
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8/2022: EU sanctions – clarification published on the carriage of certain Russian cargoes including coal and fertilisers
MEMBER CIRCULAR 8/202212 AUG 2022
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Updated 21 September 2022
On 19 September 2022 the EU further amended its FAQS clarifying the application of provisions relating to the carriage of certain cargoes from Russia, including coal and other solid fossil fuels as well as certain types of fertilizer. Contrary to the position taken by the EU in August, the FAQs now make it clear that the transport of coal and certain specified goods in Annex XXI of Council Regulation 833/2014 (and related insurance) is in fact not prohibited when the goods are being carried to third countries.
Please note that even if the circular is a P&I Member Circular the content of the circular applies to all forms of insurance provided by the Gard group of companies.
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7/2022 Roll risk estimator for container vessels – MARIN Top Tier project
MEMBER CIRCULAR 7/202210 AUG 2022
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The International Group of P&I Clubs is a member of the Maritime Research Institute of the Netherlands (MARIN) Top Tier project. The project has been established to examine and assess the causes of container losses arising from at-sea incidents onboard various sizes of container ships with a particular focus on ultra large ships.
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6/2022: Sanctions - The European Union’s sixth sanctions package
MEMBER CIRCULAR 6/202201 JUL 2022
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Updated 27 July 2022
On the 3 June 2022 the EU published its sixth package of sanctions against Russia. This Circular focuses on the measures in the sixth package of sanctions which impact on the transport and insurance of oil and petroleum products; and the prohibitions on transacting with Russian state-owned enterprises subject to the Article 5aa restrictions and as listed in Annex XIX of the Regulation.
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5/2022: Electronic (Paperless) Trading
MEMBER CIRCULAR 5/202216 JUN 2022
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This circular informs Members of the approval by the International Group of P&I Clubs (the Group) of the IQAX eBL system.
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4/2022: Paperless Trading Electronic Trading Systems Update to E-TITLE – cancellation of R3 ownership
MEMBER CIRCULAR 4/202201 JUN 2022
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The agreement between R3 and E-TITLE has dissolved, and ownership of the legal framework has reverted back to E-Title Authority Pte Ltd. In accordance with this change, the trading name will also revert back from Corda eBL to e-Title™.
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3/2022: Reporting of vessel calls to Russia and transiting Russian territorial waters
MEMBER CIRCULAR 3/202219 MAY 2022
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On 17 March 2022 the UK Government published a General Trade Licence in part to clarify earlier amendments to the UK Russia (Sanctions) (EU Exit) Regulations. Specifically, the licence addresses the issue as to whether it is lawful under the Regulation for insurers and reinsurers domiciled or operating from the United Kingdom to provide insurance for vessels calling at Russian ports or transiting Russian territorial waters.
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2/2022: Notice of Annual General Meeting
MEMBER CIRCULAR 2/202213 MAY 2022
Notice is hereby given that the Annual General Meeting of Assuranceforeningen Gard - gjensidig – will be held at the offices of Gard AS in Kittelsbuktveien 31, 4836 Arendal, Norway and as a video conference on Thursday 2 June 2022 at 10.00 a.m.
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1/2022: Status report as at 20 February 2022
MEMBER CIRCULAR 1/202211 MAY 2022
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The financial year ending February 2022 was very challenging for the maritime industries, due to a variety of financial and operational difficulties. Our role is to support our shipowners when times are tough, and this year’s report highlights a number of areas where Gard has – through its size, reach and expertise, been able to deliver on that promise.
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12/2021: Sanctions – recent deceptive practices
MEMBER CIRCULAR 12/202103 FEB 2022
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Since 2010, considerable sanctions’ activity has been directed at shipping and its supporting industries reflecting the fact that 90% of world trade involves the carriage of goods by sea. The purpose of this Circular is to draw Members’ attention to some of the recent deceptive practices employed by parties that are engaged in activities that offend the sanctions regimes operated by national governments and or supranational bodies such as the UN.
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11/2021: Special Circular to fixed premium P&I Members and Small Craft customers - special extension of cover for communicable disease/coronavirus risks
MEMBER CIRCULAR 11/202120 JAN 2022
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The Circular provides additional information on a special extension of cover for communicable disease/coronavirus risks to fixed premium P&I Members and Small Craft customers.
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10/2021: Amendments to Rules 2022
MEMBER CIRCULAR 10/202117 JAN 2022
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The Circular sets out the changes to the Rules for P&I and Defence cover for ships and other floating structures and the Rules for P&I and Defence cover for mobile offshore units that will enter into force at noon GMT on 20 February 2022.
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9/2021: Reinsurance arrangements for the 2022 policy year arranged through the International Group of P&I Clubs – special P&I war risks cover
MEMBER CIRCULAR 09/202123 DEC 2021
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The overall structure of the cover reinsured through the Pool is the same as in the current year.
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8/2021: Status report as at 20 August 2021
MEMBER CIRCULAR 08/202108 NOV 2021
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We are pleased to report that as at 20 August 2021 the financial position of Gard P. & I. (Bermuda) Ltd. and its subsidiaries, remains strong with a confirmed A+ rating by Standard and Poor’s. This is despite the half year result having been negatively affected by major claims falling within the International Group Pool, a continued impact of COVID-19, and an increase in own claims.
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7/2021: Paperless Trading Electronic Trading Systems Update to E-TITLE – Change of ownership and approval of Corda eBL as replacement of E-TITLE
MEMBER CIRCULAR 07/202124 SEP 2021
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Notification of change in ownership of E-TITLE electronic trading system.
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6/2021: Sierra Leone - Carriage of Iron Ore Fines Cargoes - Liquefaction Risk
MEMBER CIRCULAR 6/202113 SEP 2021
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The International Group understands that some cargoes of iron ore fines intended for shipment from the port of Pepel have been stockpiled outdoors uncovered for a prolonged period posing a particular risk of liquefaction during the wet season. It is also understood that some cargoes intended for shipment from Pepel have previously been considered too low grade for export and have been left in uncovered stockpiles for prolonged periods. These are now being blended with higher grade materials for export.
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5/2021: Amendments to Rules 2021 – Diversion expenses
MEMBER CIRCULAR 5/202112 JUL 2021
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Cover for the costs of diverting a ship for the purpose of enabling the repatriation of deceased crew members or other deceased persons on board, shall be granted retrospectively to all Members with effect as from 20 February 2021 and, going forward, insurance cover will include certain extra costs for diverting a ship for the purpose of enabling repatriation of deceased crew members or other deceased persons on board.
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4/2021: Paperless Electronic Trading Systems - Update to essDOCS Terms and Conditions
MEMBER CIRCULAR 4/202116 JUN 2021
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The International Group of P&I Clubs approves an updated version of the essDOC's electronic trading system.
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3/2021: Notice of Annual General Meeting
MEMBER CIRCULAR 3/202127 MAY 2021
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The Annual General Meeting of Assuranceforeningen Gard -gjensidig- will be held on Thursday, 17 June at 10 am.
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2/2021: Status report as at 20 February 2021
MEMBER CIRCULAR 2/202119 MAY 2021
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After a year with exceptional challenges related to the Covid-19 pandemic and claims under the International Group Pool, the financial position of Gard P. & I. (Bermuda) Ltd and its subsidiaries remains strong.
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1/2021: Electronic (Paperless) Trading
MEMBER CIRCULAR 1/202129 MAR 2021
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Since 20 February 2010 liabilities arising in respect of the carriage of cargo under such paperless trading systems were covered, provided that the system had first been approved by the Group. Since then the Group has approved electronic i.e. paperless systems administered by Electronic Shipping Solutions (now known as essdocs), by Bolero International Ltd (more specifically the Rulebook/Operating procedures September 1999), E-Title, edoxOnline, CargoX, WAVE and from 24 March 2021 TradeLens has been added to the list of IG approved system providers.