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.
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 »
On 8 May 2018 the American President announced that the US would cease its participation in the Joint Comprehensive Plan of Action (JCPOA) that the US, EU and other world powers agreed in 2015 (implemented 2016) that eased Sanctions against Iran in return for Iran stopping its Nuclear Weapons programme. Since the implementation date in January 2016 the Club has…Read More »
JCPOA – Sanctions On 8 May 2018 the US announced their intention to withdraw from the JCPOA. We need clarity before we comment further, but we understand that 90 and 180 day wind down provisions have been agreed by the US Treasury Department, so there is at least breathing space whilst the situation unfolds. Prior to JCPOA, the major world…Read More »
STATEMENT OF FACTS Steve Mann, Claims Executive at the Charterers' Club writes on the importance of the Statement of Facts (“SOF”) for Charterers in achieving the maximum financial outcome from any fixture. Bold references below are to relevant English court and arbitration decisions on the subject. The general importance of a SOF SOFs are important documents for many charter purposes…Read More »