Latest News
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Circulars
Electronic Bills of Lading: Britc Etrade Solution Co., Ltd (BRITC eBL)
This circular informs members of the approval by the International Group of P&I Clubs (the Group) of the BRITC eBL system, provided by BRITC ETRADE SOLUTION Co., Ltd.
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Circulars
New South Korea Office for NorthStandard
New South Korea Office for NorthStandard
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Circulars
Policy Year 2024/25 – Changes to the Club’s Condition Survey Programme
Policy Year 2024/25 – Changes to the Club’s Condition Survey Programme
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Circulars
War Risks Renewal 2024/25
The former Standard War Class and North of England Class 3 have merged to become NorthStandard War Risks Class. Cover remains unchanged, and further details are set out in this Circular.
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Circulars
Electronic bills of lading: IG website statement
In September 2023, the Group welcomed the Electronic Trade Documents Act (“Act”), giving legal recognition in English law to electronic trade documents, including electronic bills of lading. This significant legislative development, followed soon after the adoption by Singapore of similar legislation, in the form of the Singapore Electronic Transactions (Amendment) Act 2021.
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Circulars
POLICY YEAR 2024 - RENEWAL
We hereby provide members with an update on a number of issues applying to renewal and the new policy year.
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Circulars
Notice of an Excluded Area in Respect of War Risks for Certain Covers
The club has received Notice of an excluded area from reinsurers in respect of certain war risks that are reinsured by the club in the commercial market. As a result, it has now become necessary for the club to issue corresponding Notice in respect of those same war risks.
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Circulars
Russian Sanctions Update
This circular highlights recent key developments in the sanctions imposed against Russia by the UK, EU and US.
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Circulars
Policy Year 2024/25 - Changes to the Rules of the P&I, FD&D, War Risks and Coastal & Inland Classes
As advised in our circular of 7 November 2023 - Introducing NorthStandard’s New Combined Rules, the new combined NorthStandard rules for the P&I, FD&D, War Risks and Coastal & Inland classes will be introduced for the 2024 policy year (and onwards). The combined rules involve changes to the rules previously used by both sides of the combined business. They will be effective from noon GMT on 20 February 2024.
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Industry News
VPS Bunker Alerts 2024
VPS publishes regular Bunker Alerts which are based entirely on fuel samples analysed by VPS over a specified period of time.