The WRC requires the owners of all ships above 300 GT to take out insurance or provide other financial security to cover the costs of wreck removal, capped at an amount equal to the limits of liability under the applicable national or international limitation regime. Owners of Tuvalu flagged ships who call at ports of State Parties that mandate the carriage of a WRCC as a port entry requirement should apply for a WRCC as set out under Section 2 below before the WRC comes into force on 14 April 2015. As Tuvalu has acceded to the WRC (which will come into force for Tuvalu on 17 May 2015), all Tuvalu flagged ships above 300 GT will be required to hold a WRCC by 17 May 2015. [QTE] 2. Procedure for WRCC Certification 2.1. For Tuvalu Flagged Ships 2.1.1. In accordance to Article 12 of the Convention, the registered owner is required to obtain a WRC "Blue Card" from their insurers (P&I club), evidencing that there is in place insurance meeting the liability requirements of the Convention, and submit this to the Administration in order to apply for a WRCC. 2.1.2. WRC “Blue Cards” are to be submitted by email to this Administration at support@tvship.com 2.1.3. This Administration shall then verify the WRC “Blue Card(s)” with the P&I Club and issue the WRCC if all is in order. 2.1.4. This Administration accepts a WRC “Blue Card” as proof of insurance or financial security issued by: - a P&I club who is a member of the IG; - a P&I club who is non-member of the IG but has a contractual agreement for reinsurance with member/members of the IG; and - a P&I club who is non-member of the IG but has verifiable financial reserves that fulfils the obligations required under the various International Conventions to which Tuvalu is a Party and have obtained recognition from this Administration. 2.1.5. The period of validity of the WRCC is in principle the same as that of the insurance in place or financial security provided i.e. as stated on the WRC “Blue Card”. [UNQTE]