ICS Pushing For Balanced Update of York Antwerp Rules
At the Comité Maritime International (CMI) Conference, in New York this week, the International Chamber of Shipping (ICS) will be pressing to ensure that the proposed revision of the York Antwerp Rules of General Average delivers a clear improvement on the present system and does not touch on fundamental principles. ‘General Average’ is a method of equitably allocating and spreading the costs of dealing with a maritime casualty among the parties that benefit from the ship and cargo being saved. The York Antwerp Rules set out rules for the distribution of losses and expenses, for example in incidents when cargo is jettisoned in order to save the ship and the remaining cargo.
ICS Applauds EC Closure of P&I Investigations
International Chamber of Shipping (ICS) welcomes halt to European Commission (EC) probe on P&I clubs. International Chamber of Shipping (ICS), which represents over 80% of the world merchant fleet, has welcomed the decision by the European Commission competition directorate to close its investigation into the activities of the International Group of P&I Clubs. ICS director of legal affairs , Kiran Khosla said: "ICS has always firmly stated that the current system of mutual third party liability insurance provided by the International Group continues to serve the best interests of ship operators and their customers extremely well, alongside serving the interests of claimants and the general public.
ICS Welcomes EC Halt to P&I Investigations
The International Chamber of Shipping (ICS), which represents over 80% of the world merchant fleet, has welcomed the decision by the European Commission competition directorate to close its investigation into the activities of the International Group of P&I Clubs. “ICS has always firmly stated that the current system of mutual third party liability insurance provided by the International Group continues to serve the best interests of ship operators and their customers extremely well, alongside serving the interests of claimants and the general public.
ICS: Flag State Rules on Arms and Private Armed Guards
With the assistance of its members, the International Chamber of Shipping (ICS) in association with the European Community Shipowners’ Associations (ECSA), has compiled a useful reference document collating the policy and rules of Flag States on the carriage of arms and private armed guards on board vessels. The document, providing tabulated information on Flag States’ rules, has been added to the ICS website and is proving to be a popular reference tool for shipowners and other interested parties within the shipping community.
