Tag: security measures

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IMO: Criteria for accepting Insurance Certificates

The Legal Committee (LEG) met in person for its 111th session at IMO Headquarters in London (with hybrid participation) from 22 to 26 April 2024. The Committee approved the revision of the Guidelines for accepting insurance companies, financial security providers and the International Group of Protection and Indemnity Associations (P & I Clubs). The updated Guidelines will be issued via a LEG circular. 

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Panama Flag: 5 key risk areas accounted for 70% of incidents in 2023

From January to December 2023, Indonesia, Peru, Philippines, Ghana, and Singapore Straits are the locations that contributed to 70% of the total 120 incidents reported in the Panama Maritime Authority. As such, the Administration encourages all Ship- owners/Operators and Masters to take the proper maritime security measurements in order to reduce and minimize the risks associated.

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