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.
In this recent arbitration, a London tribunal has given some helpful guidance on the validity of notices of readiness, the interpretation of a demurrage time-bar provision, and the recoverability of damages for repudiatory breach of contract. Introduction The charterers kept the vessel waiting at the load port before eventually confirming they were unable to provide a cargo and purporting to…Read More »
A recent London arbitration award is a stark reminder to owners and disponent owners of the importance of strict compliance with anti-technicality notices. The clause in the charterparty read as follows and was subject to review by the arbitrators. “Clause 32. Hire Payments: In default of prompt payment of the hire, or bank guarantee or deposit, or an any fundamental…Read More »
The Chinese Quarantine Authorities have issued an announcement seeking to prevent the spread of yellow fever into China. From 19th January 2018, all vessels arriving from Nigeria, Peru and Brazil (except Ceará, Rio Grande do Norte, Paraíba, Pernambuco, Alagoas, Sergipe) will be required to carry out effective disinfection. The requirements of local CIQ among different Chinese ports may vary. Further…Read More »
Background RightShip is a ship approval system which was formed to improve dry bulk safety and quality standards, to identify suitable vessels for trade and draw on the significant ship vetting expertise of global commodity companies. Effective from January 2018 RightShip has published a new regulation which changes the age trigger for a dry cargo inspection for vessels over 8,000…Read More »