International Union of Marine Insurance's Cargo Committee

COMMITMENTS: Insurance risk managers to contribute to training Work with P&I Clubs (through IG) to further develop  minimum survey requirements Explore ways to share info on substandard vessels Liaise more closely with ship repairers during every  stage of major repair work

International Group of P&I Clubs

COMMITMENTS: Procedures (additional survey requirements) for heavy fuel oil. Double pooling retention provisions – special financial penalty on a club underwriting a substandard ship – needs clear definition of substandard Designated vessels as substandard – addressing what we mean by substandard Initiative towards and participation in IOPC Fund WG on non-technical mea sures to promote quality shipping for carriage of oil by sea; consideration of possible insurance measures and mechanisms to improve the safe transportation of oil and sharing of information Quality performance monitoring for measuring what were doing - survey database, claims database, designated vessel data, monitoring psc detentions. Finalise the design of, and implement, doubleretention financial penalty on underwriting substandard ships Improve claim data statistics within the IG to help identify how incidents are occurring Reduce the percentage of port state control detentions involving ships entered in IG clubs