4 April 2011

Charterparty Clauses - Indemnity for Insured Risks (5.432)

Download circular (PDF, 162.1 KB)

London P&I warns members about charterparty wording that can shift P&I liabilities to owners and remove recourse against charterers. This circular explains why the clause may prejudice an owner's P&I cover and advises members not to agree to it without first seeking guidance.