Members must follow / observe the terms of Rule 29 (Additional Premium). An Insured Owner is required to give the Association written notice before an Entered Ship proceeds to an AP Area. If notice is not given as required, the Entered Ship has no cover while in the AP Area.
IMB reports maritime kidnapping at a 10 year high
More crew were kidnapped at sea in 2016 than in any of the previous 10 years. The ICC International Maritime Bureau's (IMB) annual piracy report published on the 10th January reveals a three-fold increase in kidnappings since 2015 despite global piracy reaching its lowest levels since 1998.
Venezuela reopens ports to vessels from Curacao and Aruba
Venezuelan Port Control has lifted its recent port restrictions which prohibited entry to ships arriving from Aruba or Curacao, or flagged to those countries.