War Risk Insurance, War Risk Area Designation, and Additional War Covers
What is War Risk Insurance? War Risk insurances are designed to provide cover against the malicious and intentional acts of third parties to cause damage…
Malacca Straits & Singapore – Piracy Risk
We have received various news reports indicating an increased risk of piracy within the Singapore Strait Traffic Separation Scheme and surrounding areas. It is believed that…
Iran Sanctions – A Major Step Towards Final Resolution
Following 22 months of intensive talks, on 14th July 2015 an agreement was reached between Iran and the five permanent members of the UN Security…
Offshore Contracts – ‘Knock-for-knock’ framework and insurance implications in its absence
Download article in PDF format Background and purpose of ‘knock for knock’ A ‘knock for knock’ clause is the well-established core of the offshore contracts…
Crisis In Yemen – Update: 12th June 2015
The London P&I Club has recently published an update relating to the civil war in Yemen and port operations and security. Please follow this link to…
The Validity of Charterparty Terms Against A Turkish B/L Holder
It is a well established fact that if the bill of lading is making a reference to a charterparty with the condition that the reference…
Nairobi Wreck Removal Convention
Download article in PDF format The Nairobi Convention on the Removal of Wrecks (the Convention) entered into force on 14 April 2015. The Convention has created…
Update: Iran Sanctions Negotiations
After a week of lengthy negotiations in Lausanne, Switzerland between the P5+1 and Iran over Iran’s nuclear issues, the parties have finally concluded the key…
Hong Kong Approves Air Pollution Control Regulation
Steamship Mutual has recently published a Risk Alert notifying its Members that the Hong Kong Legislative Council has approved the Air Pollution Control Regulation which…
Crisis In Yemen – Advisory Notice
West of England has recently published an advisory regarding the deteriorating situation in Yemen. Please follow this link to read the full wording of the…
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