MLC – requirements of financial security

In April 2014 the International Labour Organization (ILO) approved several amendments to the Maritime Labour Convention (MLC), a Convention that became effective in August 2013. These amendments became effective on January 18th 2017.
Thereafter and in accordance with the Convention, ships shall be provided with certificates or other documents that establish the existence of financial security or compulsory Read more


On 8th September 2016, Finland ratified the International Convention for the Control and Management of Ship’s Ballast Water and Sediments, also known as the Ballast Water Management Convention (BWM Convention). With this ratification, the criteria established in article 18 of the Convention for the entry into force have been met, triggering the twelve month period for its application. 
On June 2, 2016, the