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.
Our comprehensive charterers’ liability cover and freight demurrage and defence insurance are available to all charterers and traders. Currently, the Club has insured over 360 charterers and 12,500 vessels. Our client pool includes clients from large shipping companies and cargo interests who might only have a few requirements for a handful of fixtures per annum.
Exclusively for Charterers
The shipping industry operates in a liability environment. These days, it has become more legislative thanks to the increasing amount of regulations on pollution and safety.
Charterers are exposed to different risks, either through contractual indemnities and liabilities or to other third parties. For these reasons, Charterers P&I as part of the MECO Group offer liability insurance exclusively for charterers.
The importance of ensuring that necessary supporting documents are submitted when dealing with a time bar clause has been highlighted by two recent decisions of the Commercial Court, one being a claim under a time charter and the other, a demurrage claim under a voyage charter. “TIGER SHANGHAI” - MUR Shipping BV v Louis Dreyfus Company Suisse S.A –EWHC…Read More »
Can an owner, under the BIMCO Non-Payment of Hire Clause, withdraw a vessel from service for historic arrears QUIANA NAVIGATION SA -v- PACIFIC GULF SHIPPING (SINGAPORE) PTE LTD (the “CARAVOS LIBERTY”) Charterers have successfully defended an appeal by Owners following an arbitration Award in which the arbitration Tribunal found in favour of Charterers following their claim against Owners…Read More »
Our correspondents in Dubai have kindly passed us updates from the Maritime Authorities in the UAE and Bahrain following the implementation of the low sulphur regime on 1 January 2020. With thanks to GAC Dubai for this update. Bahrain MARINE NOTICE PMA 03 2019 Exhaust Gas Cleaning System (EGCS) UAE FTA Circular No 11 issued in 2019 Instructions for MARPOL…Read More »
A recent London Arbitration (23/19) in which the charterers’ off-hire claim was defeated, shows the central importance of responding to and submitting evidence on all material points made by opponents. Disponent owners chartered the vessel to charterers on an amended NYPE 1981 charterparty. The vessel was anchored off Sao Luis, Brazil, when the charterers ordered her to go 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.
Without interrupting and not counting the time – Steve Mann talks demurrage referencing specifically London Arbitration 12/19.
Tomas Ling discusses The ‘Eleni P’ and the key issue of whether an obligation to pay hire remains where a vessel is detained by pirates.
Wei Wang discusses recent arbitration decisions on speed and performance with reference to London arbitration.
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