Tag: American Club

The American P&I Club provides updated information on the OW Bunker bankruptcy referring to the recent developments in the English Courts

 The American P&I Club investigates the impact that OW Bunker collapse has on shipowners and provide information and guidance concerning bunker supply transactions, complications consequent upon the OW bankruptcy, maritime liens, latest legal developments, recommended actions upon receipt of claims by unpaid bunker suppliers, and loss prevention guidance as to these exposures associated with the supply of bunkers to ships.On November 7, 2014, OW Bunker A/S (OW), the parent company of a global network of traders and physical suppliers of bunkers, filed for bankruptcy protection in Denmark upon the discovery of a massive fraud and unsupervised trading which resulted in losses of about US$275 million.Nearly all of the subsidiaries of OW also filed for bankruptcy protection in their respective countries of incorporation throughout the world. Shortly thereafter, a co-operation agreement was concluded between the OW Bunker Group and ING Bank NV (ING) as the assignee of a number of debts due to OW. These bankruptcy filings created a ripple effect throughout jurisdictions worldwide causing a rash of disputes involving bunker suppliers, ING, together with vessel owners and charterers alike.In view of the problems facing Members as to whom to pay, and the concomitant threat of ship arrests, the American Club presents ...

The American P&I Club has issued an alert to warn that the number of persons trying to stowaway on board ships in Durban and Cape Town is increasing. Shipowners are recommended to implement appropriate preventative measures.

As of August 6, 2015, the new upgrades to the Suez Canal are fully operational. As a result, the Suez Canal Authority (SCA) has established a new transit regime, as below:

The American Club issued a guide entitled: Welcome to Greater China! A Shipowner's Guide to Regulatory Compliance

American P&I: MERS virus situation in South Korea

  William H.Moore, Senior Vice President of Loss Prevention, The American P&I Club presenation during the 2015 GREEN4SEA Forum   United States has very strict guidelines requirements and also enforcement capabilities and they do so with vigour as we all know.  80% of marine environmental pollution comes from land based sources. The most significant part comes from what we call as ‘non-point’ source pollution such as: fertilizers, herbicides & pesticides from storm run off and soils from erosion prone areas septic tank systems airborne contaminants collected by precipitation motor vehicles & mechanical equipment heavy metal and tar residues from roads, etc.  It is true that ships are considered as easy point source pollution targets for authorities. In the US, criminal prosecutions and civil fines are severe. It is a constant threat to our industry. It is important to consider how this expanded into our industry. We can always argue where it actually started; with Exxon Valdez and with the Oil Pollution Act of 1990. At that point of time, there was a lot of focus on oil pollution from ships. Since that time, we have seen that expansion in all types of areas: oil pollution from bunkers & bilges garbage, sewage, noxious substances ...

The American Club has updated its ' Welcome to the USA!'' guide

The United States has modified the regulations governing the US embargo on Cuba.

On January 2, 2015, the United States imposed additional economic sanctions on certain North Korean persons