There are risks to shipowners relevant to bunker fuels that can have a significant impact upon P&I and FD&D coverage. Your Managers have provided guidance materials that can assist Members in addressing bunker fuels related matters taking into account fuel oil quality, quantity and the forthcoming regulatory changes for the 2020 IMO sulfur cap requirements.
First and foremost, the American Club presents, Bunkering — A Compendium , that provides a comprehensive approach to loss prevention initiatives demanded both by the new regulations and generally by supplying guidance on operations and management, both ashore and afloat, aimed at obviating exposures with both a P&I and FD&D insurance implications.
For further information on issues or claims involving bunker supplies, please contact your Managers' FD&D or Loss Prevention departments, which is available at all global offices, for assistance.
Chinese versions of Bunkering - a Compendium:
船用燃料手册 (New Mandarin)
船用燃料手冊 (Traditional Mandarin)
Bunker Operations Best Practices Animations
Club Circulars and Alerts on Bunker Fuels
The following is a list of Club Circulars and Alerts providing information and guidance on bunker fuels:
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Member Alert 02-19-20 - Sulfur Cap Update: Ban on Carriage of Non-compliant Fuels Wednesday, February 19, 2020
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Member Alert 11-15-19 - Guidance on Compliance with 2020 Marine Fuel Oil Sulfur Cap Issued by the Maritime Safety Agency (MSA) of the People's Republic of China (PRC) Monday, November 04, 2019
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Member Alert 11-04-19 - Bunkering Fuels - a Compendium Translated into Chinese Monday, November 04, 2019
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Member Alert 10-30-19 - Recommendations in regard to coming IMO 2020 legislation Wednesday, October 30, 2019
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Circular No. 34/19 - Guidance on OFAC: Iran Sanctions as They Relate to Bunkering Operations Wednesday, September 11, 2019
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Circular No. 29/19 - Loss Prevention: Animations on Bunkering Best Practices Friday, August 16, 2019
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Member Alert 07-08-19 - New US Coast Guard Procedure for Notification of Non-Availability of Compliant Fuel Oil as per Annex VI, Regulation 18.4.2 of the MARPOL Convention 73/78 Monday, July 01, 2019
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Member Alert 07-01-19 - Updated International Chamber of Shipping (ICS) Guidance on 2020 Sulfur Cap Monday, July 01, 2019
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Member Alert 04-16-19 – IMO Guidance on Implementation Plan for Compliance with 0.50% Sulfur Limit Under MARPOL Annex VI Tuesday, 16 April, 2019
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Member Alert 08-01-18 - OW Bunker Group Collapse: US Appellate Courts' Rulings Rejecting Physical Bunker Suppliers' Maritime Lien Claims Wednesday, August 01, 2018
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Member Alert 06-26-17 - OW Bunker Group Collapse: Developments in the US Concerning the Maritime Lien Claims of Physical Suppliers and ING Bank Monday, June 26, 2017
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Member Alert 11-18-15 – Update on the OW Bunker Bankruptcy: Recent Developments in the English Courts Wednesday, November 18, 2015
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Circular No. 37/15 – The Collapse of OW Bunker A/S: The Impact on Shipowners Monday, October 05, 2015
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Member Alert 07-10-15 – Hong Kong: New Low Sulfur Fuel Regulations Friday, October 10, 2015
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Circular No. 39/14 – North America ECA and New Fuel Sulfur Content Requirements, Tuesday, December 30, 2014
The Collapse of OW Bunker Group
In view of the problems that our Members face as a result of the bankruptcy of OW Bunker A/S and its subsidiaries worldwide, the American Club has prepared The Collapse of OW Bunker and The International Tail of Maritime Litigation Regarding the Supply of Bunkers. This document is intended to provide guidance regarding the bunker supply transactions, complications subsequent to OW’s fallout, maritime lien, latest legal developments, recommended actions upon receipt of claims by unpaid bunker suppliers, and loss prevention advice as to prevention against exposures associated with the supply of bunkers to the vessels.
For further information on issues or claims involving bunker supplies, please contact your Managers’ FD&D department, which is available at all global offices, for assistance.
OW Bunker Collapse Updates
Club Presentations on Bunker Fuels
The following is a list of Club presentations on bunker fuels:
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