IG P&I Clubs publish annual review 2016/17 on major maritime issues

IG P&I Clubs publish annual review 2016/17 on major maritime issues

Maritime Cyprus

The IG P&I Clubs published annual review report, focusing on several claims that have concerned operators and the maritime industry as a whole, during the last year.

In particular, the key areas highlighted in the report are:

  • Maritime Labour Convention (2006)

The Club reminds that, on 18 January 2017, the amendments to the MLC 2006 on financial security for seafarer liability and compensation entered into force. Since that date, ships registered in MLC State parties are required to display on board specific financial security certificates. These amendments require shipowners to compensate seafarers for death or long-term disability, and to pay outstanding wages and repatriation costs following abandonment.

  • Large Casualty Outreach Programme

In 2013, the Large Casualty working group, which was established in response to the experience of the “Costa Concordia” and “Rena” casualties, undertook a review of the 20 most expensive large casualties involving removal of wreck operations. The primary objectives of the review…

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