Risk Bulletins

Risk Bulletins allows Maritime Mutual members to keep informed about changes that impact on Maritime Insurance. Keeping up-to-date provides our members with greater opportunity to understand their obligations and minimise risk situations.

A recent spate of 2020-21 attacks on and seizures of commercial vessels transiting the Arabian/Persian Gulf, Straits of Hormuz, Gulf of Aden and the Red Sea (the Gulf Area), have escalated concern amongst both shipping industry organisations and western naval intelligence. Advice on the nature and position of these on-going incidents will be provided in this Risk Bulletin with a focus on raising the awareness of Members who may be trading in these areas.
The carriage on board of an updated copy of the IMSBC Code 2020 Edition is mandatory for all vessels regulated by the SOLAS Convention that carry solid bulk cargoes other than grain... This Risk Bulletin will discuss the latest amendments to the IMSBC Code with a view to raising Member awareness, ensuring regulatory compliance and optimising risk ship and crew safety.
Vegetable/Palm Oil is usually transported in the international trades on board chemical tankers with stainless steel or coated tanks in segmented parcels. In the domestic and short sea trades it is often carried in smaller and less sophisticated tankers with mild steel and uncoated tanks. The risk of next cargo contamination due to inadequate previous cargo tank cleaning exists in both trades, along with the risk of regulatory non-compliance due to improper tank washings disposal to the sea.
Ship to Ship Transfers (STS) of bulk liquid cargoes are a common occurrence in the shipping industry. However, the fact that two vessels will be need to be secured alongside each other during an STS operation, usually while at anchor but sometimes while underway, creates some uncommon close proximity risks.
The European Union’s (EU) Ship Recycling Regulation (SRR) No 1257/2013 came into force in Dec 2013. The SSR (Art. 5 and 12) requirement which all MM Members need to be aware of is that they must have on board an approved Inventory of Hazardous Materials (IHM) together with a Statement of Compliance (SoC). This requirement will come into force on 1 Jan 2021 for all EU registered ships and for all foreign flag ships entering an EU port.
Clean Petroleum Product (CPP) tankers transport a variety of refined petroleum types. The risk of cargo admixture contamination therefore always exists. One of these risks is ‘last cargo’ residue left in cargo tanks and lines due to inadequate ‘next cargo’ pre-load cleaning. This Risk Bulletin focuses on the tank cleaning/cleanliness risk and the associated issues
The recent capsize and sinking of the MV Gulf Livestock 1 in typhoon conditions resulted in the death of 41 seafarers and livestock specialists together with about 5000 breeding cattle destined for the Chinese dairy market.... The creation of this Risk Bulletin has been motivated by the above incident....
Ship bunkering generates a higher than usual port risk scenario due to the potential for bunker tank overflows, the bursting of defective bunker hoses or leakage from faulty bunker manifold connections.... This Risk Bulletin is intended to provide a reminder to all Members, their Ship Managers, Masters and Chief Engineers of the necessity for comprehensive bunker planning and implementation ...