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What is P&I Insurance?
23 Sep, 2022
Protection and Indemnity (P&I) is a type of insurance held by shipowners. Every ship plying its trade anywhere in the world needs to have valid P&I coverage.
P&I plays a critical role in protecting...
European Union - Update - Advance Cargo Declaration BIMCO Clauses
01 Dec, 2010
Previously the Club published guidance to Members concerning compliance with the requirements of the European Union Advance Cargo Declaration regime, which is due to enter into force on 1 January 2011....
No.2 2023/24 - Russian Oil Price Cap update - Reporting requirements and evasion alert
05 May, 2023
On 4 December 2022, the UK Government issued General Licence INT/2022/2469656 (“GL”) to implement the EU/G7 price cap in respect of Russian origin crude oil, which was amended on 3 February 2023 to implement...
Important U.S. Supreme Court decision on safe berth clauses
02 Apr, 2020
Earlier this week, the US Supreme Court reached a landmark decision on safe berth clauses in a case dating back to 2004.
No.12 2022/2023 - updated EU FAQs - carriage of certain Russian cargoes inc. coal and fertilisers
02 Nov, 2022
On 19 September 2022, the EU amended its FAQS clarifying that the carriage of certain cargoes from Russia including coal and certain types of fertiliser (and related insurance) is not prohibited (under...