IG Annual Report 2015/16 Published

The Group Secretariat which manages the day-to-day co-ordination of internal administration on Group matters, external engagement and representation on behalf of the Group P&I clubs has just published its annual report - a pdf copy is available here.

The International Group maintains its own website where it publishes documents, bulletins and commentary on its activities.

The International Group of P&I Clubs exists to arrange collective insurance and reinsurance for P&I Clubs, to represent the views of shipowners and charterers who belong to those Clubs on matters of concern to the shipping industry and to provide a forum for the exchange of information.

"The shipowner's liability cover provided by the Group Clubs, and through the Group’s claims pooling and reinsurance arrangements, is a key factor in enabling world seaborne trade, the protection of the marine environment and of the interests of both public and private victims of maritime accidents. Furthermore, the spread of risk across Club’s mutual tonnages, and the cost efficiency of the collective reinsurance purchases, delivers significant benefits to the shipowner members of the Group Clubs."Hugo Wynn-Williams (International Group Chairman)

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    27/07/2016

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UK P&I

Date14/07/2016

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With cargo’s newfound ability to go well beyond the vessel and even the port, container lines face new liabilities. The intermodal capability means that containers transit on public highways and railroads, areas traditionally excluded from P&I cover. This new type of risk has given rise to the Through Transport Club (‘TT Club’), a specialised transport and logistics mutual covering risks complementing P&I cover. Both covers dovetail with one another through corresponding cover and exclusions during ocean transit.  

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 the separate price cap in respect of petroleum products. 

The region comprising Latin America and the Caribbean is a busy one for the UK P&I Club. Some prominent Members have a large number of tons entered with the Club and have this region as their principal place of business. Moreover, many of the Club’s entered ships frequently call at Latin American and Caribbean ports regardless of where the Member is based, which can undoubtedly be anywhere in the world.  

The UK P&I Club hosted a book launch of 'Carefully to Carry: Consolidated Edition 2023' at the Yacht Club of Greece on 27 April celebrating the availability of the new guidance.