Relying on “force majeure” clause in the face of international sanctions

Shipowners Club Senior Claims Consultant Paul Smit has written on a case (tMUR Shipping BV v RTI Ltd [2022] EWHC 467 (Comm)) that highlighted the reliance on a force majeure clause. The dispute arose out of a Contract of Affreightment (COA) concluded in 2016 between the shipowners and their...

https://insurancemarinenews.com/insurance-marine-news/relying-on-force-majeure-clause-in-the-face-of-international-sanctions/

London Club says premium income up 11% in 2021/22, but 14 x $1m-plus claims

London Club has released a short update on the drivers and result for the 2021/22 Financial Year and other recent developments in the Club’s business. It said that further information would be provided in the Annual Report & Financial Statements, which will be issued in the near future. Underlying...

https://insurancemarinenews.com/insurance-marine-news/london-club-says-premium-income-up-11-in-2021-22-but-14-x-1m-plus-claims/

Ukraine asks Turkey to detain ship it says is carrying stolen grain

Ukraine has requested that Turkey detain and arrest Russian-flagged cargo ship Zhibek Zholy (IMO 9598880), which Ukraine said was carrying a cargo of Ukrainian grain taken from the Russian-occupied port of Berdyansk, Reuters reports. The Ukrainian foreign ministry official, citing information received from the country’s maritime administration, said the Zhibek Zholy had loaded the first…

The post Ukraine asks Turkey to detain ship it says is carrying stolen grain appeared first on Insurance...

https://insurancemarinenews.com/insurance-marine-news/ukraine-asks-turkey-to-detain-ship-it-says-is-carrying-stolen-grain/

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