Iran and Persian / Arabian Gulf – War Risk Cover (Charterers)
The ongoing military conflict involving Iran has coincided with attacks on port infrastructure and shipping in the Persian Gulf and…
The ICA 2025 Amendments
The International Group of P&I Clubs have recently issued a joint circular advising of a new update to The Inter-Club…
BIMCO CII Clause for Voyage Charterers – The Key Points
This new clause is aimed at helping the parties to cooperate to ensure the vessel complies with its obligations to…
Delay at port due to Fog: Does laytime run?
We consider when weather conditions such as fog, and low-lying cloud, may interrupt or be considered as an exception to…
Changes to Industry Standard Form Letters of Indemnity
A review has recently been conducted of the widely used P&I standard Letter of Indemnity wordings by a committee of…
BIMCO ETSA CLAUSE FOR TIME CHARTER PARTIES 2022
Following the EU Emissions Trading System (“EU ETS”) adopted by the European Union (“EU”), the EU is one step closer…
BIMCO CII CLAUSE FOR TIME CHARTERS ADOPTED – IS IT IN CHARTERERS’ INTERESTS?
As we reported earlier in the year, MARPOL introduced the Efficiency Design Index for Existing Ships (“EEXI”) and Carbon Intensity
NOTICE OF CANCELLATION IN RESPECT OF WAR RISKS
Circular to Assureds (no 001 2022) All parties directly underwriting insurance are ultimately reliant on the support of the global
EEXI AND CII – CUTTING CARBON EMISSIONS FROM SHIPS.
2023 sees the introduction of the Energy Efficiency Existing Ship Index (EEXI) and the Carbon Intensity Indicator (CII) regulations following…
JWC AMENDMENT EFFECTIVE 07 MARCH 2022
The Joint War Committee (JWC) of the IUA and the LMA have reviewed the summary of Listed Areas and an…