- Federal Transport Authority-Land & Maritime (FTA) of UAE has issued a circular No (6) 2018 providing updated guidelines for implementation of compulsory insurance requirements relating to ship-owner’s liabilities in UAE.
- The ministerial resolution on these requirements has entered into force on 20/02/2018.
- The circular is applicable to following vessels of 200GRT or more:
- UAE flag registered ships engaged in international voyage
- Foreign flag ships having navigation license issued by FTA
- Foreign flag ships calling UAE ports or sailing and anchoring in UAE waters including Exclusive Economic Zone (EEZ)
- All vessels mentioned above are required to maintain onboard evidence of contracts of insurance to cover ship-owner’s liabilities towards the seafarers for:
- Financial security – Standard A 2.5 – Repatriation
- Financial security– Standard A 4.2 - Shipowner’s Liability (Compensation in the event of death or long term disability)
- Owners of vessels mentioned in point ‘a’ and ‘b’ of third paragraph above, are required to obtain above insurance/financial security from the financial security providers approved by FTA. The list of such insurance providers is given in Annex B of the circular.
- If more than one financial security provider is used, each certificate provided by each financial security provider is to be carried on board and must contain the information as per Annex A of the circular.
- Ship owners/ operators and masters are advised to be guided by above.
- Federal Transport Authority-Land & Maritime (FTA) circular no (6) 2018 on Compulsory insurance requirements relating to ship-owners liabilities towards the seafarers
This Technical Circular and the material contained in it is provided only for the purpose of supplying current information to the reader and not as an advice to be relied upon by any person. While we have taken utmost care to be as factual as possible, readers/ users are advised to verify the exact text and content of the Regulation from the original source/ issuing Authority.