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 Mehtap Payne, LA Marine, UK In a recent arbitration award London Arbitration 26/17, a London arbitration tribunal considered issues surrounding the failure of the charterers to provide cargo to a vessel. A vessel was chartered to carry cargo of coal from Newcastle to Kemen (People’s Republic of China) under a fixture, which incorporated the Gencon 1994 Form. The vessel…Read More »
Cargo issues In Bangladesh With thanks to our friends at Interport Maritime Ltd, our Correspondents in Bangladesh for providing the following useful information. Dry Bulk Cargo Problems in Bangladesh Ports Bangladesh imports huge amount of various kinds of commodities in both bulk and break bulk from different corners of the world. Claims for shortage and damage to cargo are very…Read More »
In early September 2017 an interesting English Commercial Court judgment was handed down dealing with the meaning of the phrase “additional insurance costs” in the BIMCO Piracy Clause for Time Charters 2009 in the context of a chain of time charters. The Court held that a disponent owner seeking to obtain reimbursement from a sub (time) charterer in respect of costs…Read More »
E‐Bulletin –September 2017 Re: NEW BIMCO REDELIVERY CLAUSE FOR TIME CHARTER PARTIES By Carlos Vazquez, London office Introduction BIMCO has recently issued a Redelivery Clause for Time Charters (“the BIMCO Clause”) to their members for use in time charterparties. A copy of the BIMCO Clause can be found attached to this bulletin as Annex 1. The essence of this new…Read More »