Group Club Steamship Mutual has said that the Club, particularly its global offices in New York and Hong Kong, were monitoring closely developments in relation to the USTR section 301 Investigation and recent ‘reciprocal tariff’…
Update to Circular dated 7 March 2025 regarding the recent sanctions against Russia: EU FAQs related to the Infrastructure Transaction Ban (Article 5ae of Council Regulation EU no. 833/2014) [ Update to Circular dated 7 March…
On 24 February 2025, the EU adopted the 16th package of sanctions against Russia on the third anniversary of Russia’s full scale invasion of Ukraine. [ Russian Sanctions Update ]
We have issued London Circular L.447 and Europe Circular E.103 providing Members with information concerning the decisions, notably relating to renewal and capital distribution, made at the Board Meeting held on 22 October in Miami…
Escalating security concerns in the Southern Red Sea and Gulf of Aden, five major maritime organizations have collaborated to issue updated safety protocols for vessels sailing through these waters. Jointly developed by BIMCO, ICS, INTERCARGO,…
According to information in IMO’s GISIS module on piracy and armed robbery, 150 incidents were reported to the Organization as having occurred or been attempted in 2023. In 2022, 131 incidents were reported, whereas the…
The Houthi leadership said on television late last week that its forces had boarded the now sunken Tutor (IMO 9942627), hastening its sinking, while making a similar threat to the abandoned bulker Verbena (IMO 9522075)…
The Yemen-based Houthi militia claimed on Sunday that on Saturday June 22nd they had conducted a military operation – in conjunction with the Islamic Resistance in Iraq militants – that had targeted four ships in…
As anticipated the EU yesterday June 24th adopted a 14th package of sanctions against Russia that EU foreign ministers claimed would close some loopholes and would hit Russia’s gas exports for the first time. The…
In its report on the 621st Meeting of the Board of Directors Japan Club provided an outline of the financial results for the 2023 business year. The Club said that it had continued to focus…