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.
Notice on Navigation Speed Limit and Navigation Restrictions under Heavy Weather for Vessels Sailing within Xiamen Sea Area
Our Correspondents in China, Huatai, have issued Circular PNI1804 advising that Xiamen MSA has issued a Notice on Navigation Speed Limit and Navigation Restrictions under Heavy Weather for Vessels Sailing within Xiamen Sea Area. The full circular can be found hereRead More »
Introduction This was an appeal from an English High Court judgment declaring that the appellant (“Carrier”) was not entitled to limit its liability to the respondent (“Cargo Interests”) for damage to cargo. The Court of Appeal (“CA”) was asked to rule on the meaning of “unit” in Article IV rule 5 of the Hague Rules and, specifically, whether “unit” refers…Read More »
Following on from our article last year Client Alert: Sanctions against North Korea the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), on 23 February 2018 announced a new wave of North Korea-related sanctions targeting one individual, 27 entities, and 28 vessels located. The updated list can be found here: Sanction List. As a result of this…Read More »
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 »