As many will recall from October 2015, California delayed the implementation of its interim ballast water discharge standards by four years, from January 1, 2016 to January 1, 2020, because of the lack of available treatment technologies.
The Bermuda Business Development Agency (BDA) has launched a new digital portal targeting global insurance customers and connecting them to Bermuda's top-tier market for risk coverage.
THE London P&I Club has issued an advance summary of its result for the 2016/2017 financial year, ahead of the publication of its annual report. The Club recorded an overall surplus of $27.3m, increasing the free reserve to $188m. The combined ratio was 97.9 per cent. The positive technical performance was supplemented by an investment return of 8.4 per cent.
