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.
By Stephen Mann, Claims Executive, London office Given the rarity of English court decisions on the tricky subject of underperformance (or speed and consumption) claims it is always useful to receive further guidance on this area from London arbitral tribunals. Whilst, it must be borne in mind that strictly speaking arbitration awards are not binding precedent, such awards do allow…Read More »
We refer Assureds to our Circular 2018 003 of 6 November 2018 in which we consider various key questions that have arisen in anticipation of the introduction of the new MARPOL rules. Shortly after (on 10 December 2018) BIMCO published its two awaited clauses dealing with fuel sulphur content obligations under time charterparties in terms of 2020 compliance. The global…Read More »
As between the Terms and Conditions for the respective policy years 2018 and 2019 there have been some minor changes as a result of clausing, grammar or formatting i.e. Clause 4, Section E – in the 2018 version there was an error where A to C was shown whereas it should more correctly be A to D; Clause 11 –…Read More »
Geographical deviation: The English High Court reaffirms the principle of fundamental breach and deviation
In the case Dera Commercial Estate v Derya Inc  EWHC 1673 (Comm) (“Dera v Derya”), the High Court has confirmed the well-known international trade principle that a Carrier will lose the rights and defences afforded by the Hague and Hague-Visby Rules upon a geographical deviation of the vessel thus reinforcing the long-standing belief that such a deviation is to…Read More »
The Club maintains a list of commercial and legal correspondents in most ports who are able to assist the Club’s claims staff with investigations, surveyors and casualties.
Carlos Vasquez talks about LOIs, whether they are enforceable in the courts, and how an assured can best protect themselves as they are not covered by your insurance.
Chris Ward talks about a recent arbitration which the Charters’ Club successfully defended, whereby the parties contended whether an Interclub Agreement had been incorporated into a charter.
Stephen Mann explains the 4 step process that is needed when wording a shipping contract, including assembling the material, identifying conflicting clauses, and what is actually meant from the contract wording.
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