The International Group of P&I Clubs finalized and announced yesterday evening the arrangements for the renewal of the International Group’s general excess of loss reinsurance contract (GXL) and Hydra reinsurance program for the forthcoming 2018 policy year.
The General Increase Announcements for 2019-20 are uploaded on a real time basis as Clubs announce their Boards’ deliberated requirements for the forthcoming renewal and on culmination provide an archive overview for all the International…
The forthcoming mandatory implementation of the MARPOL Annex VI requirements to limit sulfur emissions to 0.50% for vessels trading globally outside sulfur Emission Control Areas (ECAs) comes in force on 1st January 2020 and has caused significant concerns for the industry.
