Loss Prevention Advice
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Below you will find ARC’s weekly report dated 24 June 2026, covering the period of 18 to 24 June, where the following incidents were reported:
- 0 maritime security incidents in West Africa in the last 7 days
- 1 maritime security incident in the Indian Ocean/Middle East in the last 7 days
- 1 Somalia-based piracy incident reported in the last 7 days.
Full advisory at the following link.
https://britanniapandi.com/wp-content/uploads/2026/06/ARC-Weekly-Report-24.06.26.pdf
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Over the past week, 16– 22 June 2026, no incident of piracy or armed robbery against ships in Asia.
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In recent years, based on the inspection practice and after multiple rounds of discussions, the co-proposers jointly drafted the Guidelines for PSCOs on enhanced machinery and maintenance inspections.
This guidance elaborates on the procedures for inspecting a ship's mechanical and electrical equipment, the objective evidence that requires detailed inspection, the main contents of detailed inspection, and suggested actions by PSCO for lack of maintenance, and reporting requirements of identified defects.
Machinery, the collective term for a ship's main power and auxiliary equipment, supplies propulsion power for safe navigation and ensures the crew's well-being. The propulsion equipment including the main engine, shafting, and propeller is the most important part of the ship's power plant. The ship's power plant also consists of boilers, generator sets, auxiliary machines serving the main engine, boiler, steering gear and other ship equipment, as well as electrical systems, piping systems (including the valves connecting them).
Machinery maintenance is a critical operational requirement to ensure the reliability of the ship's ability to safely operate and to optimize equipment service life, through a programme of routine maintenance, periodical maintenance and special maintenance.
Full advisory at the following link.
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On June 22, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued General License X “Authorizing the Production, Delivery and Sale of Crude Oil, Petrochemical Products, and Petroleum Products of Iranian-Origin through August 21, 2026” (“General License X” or “the License”). Subject to its terms and conditions, General License X authorizes, through 12:01 a.m. eastern daylight time on August 21, 2026, “all transactions prohibited by [the Iran-related sanctions regulations listed in the License] that are ordinarily incident and necessary to the production, sale, delivery, or offloading of crude oil, petrochemical products, or petroleum products of Iranian origin, including transactions involving vessels blocked [under the listed Iran-related sanctions regulations].”
The License states that transactions which are ordinarily incident and necessary to the production, sale, delivery, or offloading of such crude oil, petrochemical products, or petroleum products include: transactions for safe docking and anchoring of vessels carrying such cargoes; the preservation of the health or safety of the crew of such vessel; emergency repairs or environmental mitigation or protection activities relating to any such vessel or to such cargoes held in storage; and services such as vessel management, crewing, bunkering, piloting, registration, flagging, insurance, classification, and salvage. The License also provides that Iranian crude oil, petrochemical products and petroleum products subject to the License include those produced by entities sanctioned under certain listed Iran-related sanctions regulations.
Full advisory at the following link.