19 Aug 13 - 14:33
Standard P&I Club alert
The Standard P&I Club has issued a web alert regarding MLC States that have confirmed an IG club certificate of entry will evidence financial security.
The list of member states who have confirmed that an IG Club certificate of entry should be acceptable evidence of a shipowners' financial security is now up to 31:
1. Australia 2. Antigua & Barbuda 3. Bahamas 4. Barbados 5. Canada 6. Cayman Islands (have agreed to accept C of E, but the Convention has not been extended) 7. Cyprus 8. Denmark 9. Greece 10. Isle of Man (in force from 20/8/13 following UK's ratification on 7 August) 11. Japan 12. Kiribati 13. Liberia 14. Malta 15. Marshall Islands 16. Morocco 17. Norway 18. Panama 19. Philippines 20. Palau 21. Poland 22. Russia (C of E is acceptable unless we are advised to the contrary) 23. Singapore 24. Spain 25. Sweden 26. Switzerland 27. St Kitts & Nevis 28. St Vincent & Grenadines 29. Togo 30. Tuvalu 31. UK (UK ratified on 7 August) |
The IG continue to hold a dialogue with other member states but many of them are still in the process of implementing their national legislation through their respective legislative systems and as such the accompanying policies and guidelines have yet to be finalised and published.
Source: The Standard P&I Club