The UK P&I Club would like to draw Members' attention to the latest bulletin prepared by Interport Maritime relating to recent claim developments in Bangladesh.
The Club's guest authors, Jeremy M Joseph and Matthew Van Huizen of JOSEPH & PARTNERS, discuss the different limitation of liability regimes applicable to Peninsular Malaysia and to East Malaysia.
Limit on Special War Risks P&I cover for 2018 policy year remains US$500 million. Bio-Chem" exclusion remains, and a supplementary cover for "Bio-Chem" risks in respect of crew and legal costs limited at US$30 million continues to be available. A portion of these covers is provided in accordance with the requirements of the US Terrorism Risk Insurance Act of 2002 (Act), as amended by the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) of 2015
It is common in a lot of trades to accept a Letter of Indemnity ("LOI") for non-production of bills of lading. Although it is commonly accepted in many trades, the consequences of non-performance can be extremely serious for Members.
In order to help our Members manage the risk of fishing vessel collisions and to learn from these often tragic events, we have worked with experts in fisheries and aquaculture to produce a guide for Masters and their Bridge teams on how to reduce the risk of collisions with fishing vessels.
Are the ships' hatch covers weathertight? This seemingly simple but important question is what surveyors, whether acting on behalf of P&I clubs, shippers, charterers or courts have to answer on a regular basis.
