News Summary

The Britannia Steam Ship Insurance Association Limited

Tokyo Tel +81 (0) 3 3769 6791 Fax +81 (0) 3 3769 6792 Kobe Tel/Fax +81 (0) 78 322 2770

abc
The Britannia Steam Ship Insurance Association Limited

Managers
Tindall Riley (Britannia) Limited Regis House 45 King William Street London EC4R 9AN

Issue No. 429 16 June 2011

Libya - Sanctions

Tel +44 (0)20 7407 3588 Fax +44 (0)20 7403 3942

Further to the News Summary Issue No. 421, 10 March 2011, the EU has now extended the sanctions against Libya. The Council of the European Union agreed Council Decision 2011/332/CFSP on 7 June 2011. Under the new sanctions, trading with Libya is prohibited, unless authorised by the appropriate authority, if it involves: (a) trading directly with designated persons/entities; (b) trading with entities that are owned or controlled by designated persons such as Colonel Qadhafi; or (c) making or receiving payments through designated Libyan state banks. According to Decision 2011/332/CFSP, the assets of the following port authorities will be frozen and no payment will be able to be made, either directly or indirectly to following port authorities, Port Port Port Port Port Port Authority Authority Authority Authority Authority Authority of of of of of of Tripoli Al Khoms Brega Ras Lanuf Zawia Zuwara

There is no prohibition against making payments to ports not listed above. The relevant competent authority will be able to grant exemptions from the asset freeze affecting the port authorities in respect of existing contracts until 15 July 2011. An existing contract is one which was concluded before the date of the

Regulation coming into force. The exemption does not, however, apply to contracts relating to oil, gas and refined products. A copy of the decision can be found at: http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2011:149:0010:0011:EN:PDF Mandatory registration with the Maritime Security Centre Horn of Africa (MSCHOA) and UK Royal Navys Trade Organisation ( UKMTO) for ships registered under the Norwegian International Ship Register (NIS) and the Norwegian Ordinary Ship Register (NOR). The Norwegian Maritime Directorate issued a circular on 8 June 2011advising that from that date, it is mandatory for all ships registered under the NIS or the NOR flag operating in the piracy high risk area as defined in Best Management Practices, version 3,to register with MSCHOA and to report to the UKMTO office in Dubai. The circular can be found at the following link:
http://www.britanniapandi.com/download.cfm?docid=659E15EB-A2E4-4F6F-B2BF72402D188E7D

MSCHOA: Instructions for updated Vessel Movement Registration Form In accordance with paragraph 1.3 of Best Management Practice3,please note the following change to paragraph 6.3 and 7.2 regarding the registration instructions and procedures for vessel registration at MSCHOA. It is recommended for every ship that transits through the High Risk Area to register at MSCHOA upon entry. An updated registration procedure has been introduced on the MSCHOA Vessel Movement Registration Form. The form is unchanged except for the following: Entry point to High Risk Area (HRA) ETA to HRA Exit Point from HRA ETD from HRA Do you intend to transit the Internationally Recommended Transit Corridor (IRTC)?

The entry/exit points are in accordance with the area defined in paragraph 2.3 of BMP3 (Suez,23N,78E,10S). If the transit starts/completes in a port inside HRA, option Port should be selected. If the checkbox for Do you intend to transit the IRTC? is selected, additional fields are shown for the details of the transit (ETA,ETD for IRTC and Direction). For the User Guide to the new form, please login to the registered users section of the MSCHOA website: www.mschoa.org
A copy of this edition of Britannia News Summary and previous editions published over the last twelve months are available on the Britannia website (www.britanniapandi.com) in the PUBLICATIONS section.