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 insures over 360 charterers and 12,500 vessels. Our client pool includes clients from large shipping companies to 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.
Background Most Assureds chartering vessels on the widely used NYPE form will be interested to hear about a judgment recently handed down by the London High Court dealing with bill of lading freight payable to the time charterer and the carriers (normally the head...
Background This case concerned a claim by the buyer of a cargo of fuel oil, who alleged the cargo was off-spec. The Recap for the sale contract included a clause headed “Determination of Quality and Quantity” which provided (“Recap term”): “As ascertained at loadport...
London Maritime Arbitrators Association’s (LMAA) New 2021 Terms
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.
Download a guide on the issues surrounding delivery of cargo against an original bill of lading retained on board the vessel.
Download a guide for when considering what limit of liability to purchase. Includes cost examples and case study.