Circular 2016-002: Maritime Labour Convention (2006) Financial Security Requirements (Rev1)

The 2014 amendments to the Maritime Labour Convention (2006) (MLC) entered into force on 18th January, 2017 with the most significant changes being to Standard A2.5.2 –financial security in the event of abandonment of a seafarer and Standard A4.2 – financial security in case of a contractual claim which relates to death or long-term disability of seafarers due to an occupational injury, illness or hazard.

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