Inter-Club New York Produce Exchange Agreement 2011 (as amended July 2025) (5.666)

London P&I explains the latest amendment to the Inter-Club New York Produce Exchange Agreement, which is designed to provide contractual certainty on cargo claim apportionment under NYPE and Asbatime charterparties.

The circular sets out when the 2025 Agreement applies, how it affects existing and new charterparties, and why London P&I recommends incorporating it expressly into relevant contracts.