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16 January, 2012
In this issue:
| 1. | Clarifying the operation of the ISPS Code | | 2. | The realities of Piracy | |
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Clarifying the operation of the ISPS Code
The TT Club was recently asked about the practical workings of the International Ship and Port Facility Security (ISPS) Code. Does a breach of security at a port or terminal facility result in non-compliance with the Code, leading to 'contamination' of any ships calling at the facility and, through them, of other ports. Not so, we believe! Read full article here.
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The realities of Piracy
Piracy is far from the romantic picture that may be a common perception – and far more critical to the supply chain than even professionals dare to believe. The Somali situation is politically charged, but has very practical implications throughout the industry. Read full article here.
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We hope that you will have found the above interesting. If you would like further information, or have any comments, please email us, or take this opportunity to forward to any colleagues who you may feel would be interested...
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We look forward to hearing from you.
Peregrine Storrs-Fox
Risk Management Director, TT Club |
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The materials contained in TT Talk have been prepared for information purposes only, and are not a substitute for legal advice. Whilst every care has been taken to ensure the accuracy of the materials, the editor, any contributor or the TT Club accept no responsibility for loss or damage which may arise from reliance on information contained in TT Talk. In the United States TT Club Mutual Insurance Ltd. is approved as a surplus lines insurer in most states and is accessible through properly licensed surplus lines brokers.
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