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Salvage and general average are not matters that charterers usually think about when considering their financial exposure under a charterparty, but such events can have a significant financial impact on a charterer if satisfactory insurance cover is not in place.
Latest news
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Loss Prevention 02 Dec, 2022Abidjan - disposal of waste - waste oil and sludge before sailing
Budd P&I have informed the Club that the “awareness period” for Port Authority decree no. 99-318 will expire on 31 December 2022.
![Mark Dunbar]()
Mark DunbarSurveys Manager -
News 01 Dec, 2022Member support strengthened in Asia through two new senior promotions
West P&I, has today announced the promotions of David Griffiths and Xuanlun (XL) Cai. David has become the Regional Head of Underwriting, Singapore, and Xuanlun is now Regional Head of Underwriting, Hong Kong.
![Richard Macnamara]()
Richard MacnamaraCEO (Hong Kong) -
News 30 Nov, 2022Salvage & GA - Waypoints 03
Salvage and general average are not matters that charterers usually think about when considering their financial exposure under a charterparty, but such events can have a significant financial impact on a charterer if satisfactory insurance cover is not in place.
![Tim Davies]()
Tim DaviesSenior Claims Manager
Sanctions news
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News 10 Oct, 2022Ukraine Conflict - EU adopts eighth sanctions package against Russia
The EU adopted an eighth package of sanctions on 6 October 2022 in response to Russia’s continued military aggression against Ukraine.
![Tony Paulson]()
Tony PaulsonCorporate Director -
News 01 Aug, 2022Ukraine Conflict - new UK trade restrictions
On 21 July 2022 the UK government imposed further trade restrictions against Russia under The Russia (Sanctions) (EU Exit) (Amendment) (No. 14) Regulations 2022 which amend The Russia (Sanctions) (EU Exit) Regulations 2019) (“the Regulations”).
![Tony Paulson]()
Tony PaulsonCorporate Director
Notices to Members
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Notices to Members 17 Nov, 2022No.14 2022/2023 - Class 1 (P&I) and Class 2 (FD&D) Policy Year Balances and Financial Position
The Board reviewed the latest Class 1 and Class 2 figures, the Club’s mid-year financial position and agreed the Club’s approach to renewals for the year beginning 20 February 2023 at their meeting on 16 November 2022.
![Tom Bowsher]()
Tom BowsherGroup CEO -
Notices to Members 14 Nov, 2022No.13 2022/2023 - Electronic (Paperless) Trading
EssDOCS, Bolero International Ltd, E-Title Authority Pte Ltd, Global Share S.A. (edoxOnline platform) WAVE (WAVE Application), CargoX, TradeLens (TradeLens eBL), IQAX Limited (IQAX eBL), and Secro Inc. (Secro) This Notice informs Members of the approval by the International Group of P&I Clubs (the Group) of the Secro system.
![Tony Paulson]()
Tony PaulsonCorporate Director