Apr 21

Bulletin 1095 – 04/16 – Custom Fines for Cargo Shortages and Overlanding – Turkey

Posted by atlantic brokers

The Association would like to provide Members with the latest advice relating to customs fines for cargo shortages and overlanding in Turkey. Metropole have released a circular on the subject in response to an increase in the number of cases where the Turkish Custom Authority has imposed a fine, particularly in relation to…

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Apr 19

Bulletin 1093 – 04/16 – Stowaways – South Africa

Posted by atlantic brokers

  P&I Associates (Pty) Ltd have recently published an article titled ‘The Age of the Professional Stowaway’, which takes a look at how stowaways affect the current market. “Over the last 15 years, we have witnessed a change in the market which has now seen the arrival of the age of the professional…

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Apr 19

Bulletin 1094 – 04/16 – Mozambique Ports, Update – Mozambique

Posted by atlantic brokers

The Association would like to provide Members with the latest advice on calling at Mozambique ports. P&I Associates (Pty) Ltd have provided the Association with an in depth article on the latest advice for calling at ports in Mozambique. The attached article covers a wide range of current issues Members may face when…

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Apr 15

Bulletin 1092 – 04/16 – Update, Panama Canal Draft Restrictions – Panama

Posted by atlantic brokers

  Further to our recent bulletins, the Panama Canal Authority has announced a third draft restriction in Panama Canal. We attach the Panama Canal Authority Advisory to Shipping No.A-18-2016, referring to the third draft restriction which will be effective 9th May 2016. The maximum authorised transit draft will be set at 11.59m (38.0…

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Apr 15

Bulletin 1091 – 04/16 – Vessel Groundings – Yemen

Posted by atlantic brokers

The Association has been made aware of three vessels that have run aground in Yemen. M/T “LATINA” is aground at the port of Nishtun, while the other two vessels, M/V “NOOR AL RAHMAN” and M/V “MUBARAK” are aground at Socotra Island. Members are advised to exercise caution in the affected areas. Source of…

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Apr 13

Club Circular 6/16 – IRAN TRADING – INCREASED LIMIT OF FALL-BACK COVER

Posted by atlantic brokers

OUTLINE • The International Group has purchased €100 million of “fall-back” cover to respond to any reinsurance recovery shortfalls. • “Fall-back” does not provide a long term solution to Members’ needs. • The Group continues to engage with the US administration.   TO THE MEMBERS IRAN TRADING – INCREASED LIMIT OF FALL-BACK COVER…

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Apr 1

Bulletin 1090 – 04/16 – Garbage Disposal – Argentina

Posted by atlantic brokers

In recent months we have seen an increase in the activity of the Argentinean Authorities regarding the disposal of garbage on board vessels, which has triggered a number of queries from our Members. In this respect we would like to draw attention to the following points which have to be taken into consideration.…

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Apr 1

Bulletin 1089 – 04/16 – Update, Panama Canal – Panama

Posted by atlantic brokers

Further to our recent bulletins the Panama Canal Authority has published the attached circulars. Panama Canal Authority has officially announced the expansion of the Panama Canal. The commercial opening of the Panama Canal Expansion is scheduled for 26th June 2016. We would further remind our members of the recent draft restrictions to enter…

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