Issue 62 | 17 January
NorthStandard
We are a leading global marine insurer. NorthStandard #takingontomorrowtogether
Welcome to the latest edition of New Horizons, your informative weekly newsletter from NorthStandard.
Every day at NorthStandard, we see shipowners, crew, brokers, and correspondents logging on to access the wealth of information available on our website ??.
This week, we’re showcasing a roundup of the key product pages, insights, and resources that our members, clients, and friends loved in 2024!
?? Sanctions in global shipping
Managing sanctions is a challenge on the minds of many readers. At NorthStandard, you can find several guides to the different sanctions regimes and the steps you can take to avoid breaches.
Our dedicated Sanction area focuses on sanctions enforced by the UK, United States, and the European Union, particularly those targeting Cuba, Iran, North Korea, Syria, Ukraine/Russia, and Venezuela.
Key Resources
We offer a variety of resources to help you stay up-to-date on sanctions, including:
?? Sanctions Guide for Owners and Charterers - Download the Publication >
?? Sanctions Regimes Guide - Download the Guide >
?? Latest Sanctions News, Articles and Resources - Search here >
?? No Scrubs: Countries and Ports where Restrictions on EGCS Discharges apply
One of our most visited news items—this guide to scrubber use in ports around the world continues to be a favourite among readers. A collaborative effort from our network of correspondents and local sources, it has been enriched by the valuable experiences shared by those who have visited ports with potential restrictions. We extend our thanks to everyone who contributed their insights.
Exhaust gas cleaning systems (EGCS) explained...
Exhaust gas cleaning systems (EGCS) – more commonly referred to as scrubbers – are an accepted equivalent measure in complying with the IMO 2020 global sulphur cap. The use of scrubbers has split the shipping industry. Ports around the world continue to look at the impact of scrubber use in their waters.
?? Insurance Wordings & Clauses
领英推荐
One page proving very popular is the breakdown of key clauses for our policies. This extra guidance is part of our dedicated Rules section, and helps members navigate our new rules introduced in 2024.
Key Resources
From the 2024 policy year onwards the rules for NorthStandard’s business have been combined: one set of policy wordings are in place as of 20 February 2024.
To ensure you fully understand the extent of your cover and our commitment to you, please see the key clauses and insurance wordings for your relevant policies.
International Maritime Organization / WISTA International Women in Maritime Survey 2024
?? You can receive a copy of our weekly New Horizons newsletter via email. Sign-up to receive your copy here >
?? Your feedback is important to us. Please let us know how we did >
We hope you enjoyed reading this week's issue.