2:36 PM Tue 14 Dec 2010 GMT
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Following the meetings at the UIM General Assembly in Malta and the subsequent OPC meeting in Dubai, we are pleased to announce that the new UIM technical rules governing Class 1 will come into effect 1st January 2011. The new set of UIM rules will ensure the collective wish for stability, affordability and reliability. We are also pleased to announce that after intensive and successful negotiations the set up of the new company managing the UIM Class 1 rights has been agreed. A mutually satisfactory agreement has been reached between the UIM and its current contracted commercial right holders, WPPA
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