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 400 charterers and 16,000 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.
Where Taj Bengal, Kolkatta When Wednesday 13 November 2019 09.30 to 09.45 Welcome - Setting the Tone - Capt Uberoi - Regional Underwriter 09.45 to 10.15 Unsafe port - Myth or Reality - Gavin Ritchie - Global Underwriting Director 10.15 to 10.30 Insurance…Read More »
Background Not for 175 years, since the first steam powered ships started to appear, taking over from the very green but highly unreliable wind power, has there been such a step change in the shipping industry and we have less than 100 days to go before it starts. This bulletin provides background on the issues from the perspective of a…Read More »
A recent London arbitration award (17/19) provides useful guidance in two important issues pertaining to bunkers on redelivery of a vessel under time charter. First the Tribunal considered the meaning of the word “about “ in connection with the quantity of bunkers on redelivery. The charterparty provided that the vessel was to be redelivered with “about the same IFO…Read More »
Our local correspondent for the Dominican Republic and Haiti E&M International Consulting have advised that there are ongoing protests in Haiti. In relation to the ports of Cap Haitian and Port-Au-Prince, both remain operational, but delays are expected because not all port employees are able to access the port and cargo is not being moved freely from the port’s premises.…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.
Keep up to date with in-depth articles, newsletters, and bulletins from the Club.