the charterers P&I club
We are an international team of reputable, dedicated and knowledgeable marine insurance professionals, proud of delivering high quality insurance products and advisory services to companies that charter vessels to carry cargo by sea.
With the creation of the Charterers P&I Club in London in 1986, we set up the first vehicle dedicated exclusively to charterers and rapidly established ourselves as a respected market leader. Since then we have consolidated this position and our international team of maritime professionals can offer clients unrivalled levels of expertise and experience in this specialised and technical field. This formidable resource is backed up by an insurance policy underwritten by one of the world’s largest insurance companies, with a market-leading financial rating.
In the case CLEARLAKE SHIPPING PTE LTD v PRIVOCEAN SHIPPING LTD (2018), the English High Court was asked to consider whether a Master’s negligent decision to demand additional strapping in one of the cargo holds, on the grounds of safety, fell within the exception at section 4(2) of US COGSA, namely “Act, neglect or default of the master… in management…Read More »
The Joint War Committee (JWC) of the IUA and the LMA have reviewed the summary of Listed Areas and an amendment has been made effective 14 June 2018. The Port of Jakarta was deleted effective 14 June 2018, this was the only change. The full text of the current JWC Listed Areas Summary as at 14 June 2018…Read More »
A London arbitration award was recently published covering a number of interesting issues mainly associated with war and piracy and Charterers’ obligation to reimburse Owners in respect of certain costs incurred to trade in dangerous areas. The vessel was chartered on an amended NYPE form. Four different voyages were performed involving certain ports and areas that required payment of additional…Read More »
On 11 May 2018 the English High Court handed down an interesting judgement dealing with the Inter Club Agreement (ICA). Most Assureds using the highly popular New York Produce Exchange Form (NYPE) charter party form will no doubt be familiar with the principles governing the ICA and its success in offering a swift and fair apportionment of liability for cargo…Read More »