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NEWS INTELLIGENCE ARCHIVE
03 AUG 2026 MONDAY
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Circular 07/26: Notice of Amendment to the Club’s Terms and Conditions Notice is hereby given to all Members that, in accordance with the Club’s Terms and Conditions, the Club has resolved to amend its Charterer’s Liability, Fixed Premium and Offshore Terms and Conditions in respect of war risks relating to Iran and the Persian/Arabian Gulf.   These amendments will take effect from 12:00 noon (Greenwich Mean Time) on 26th April 2026 , being no earlier than thirty (30) days from the date of this Notice.   This Notice is issued to Members by electronic transmission and/or post on behalf of the Club, in compliance with the relevant notification provisions set out in the applicable Terms and Conditions.   The following changes to the Terms and Conditions are to be effected as highlighted below:   Clause 5 E   2.         The Club shall not indemnify an Assured in respect of any loss, damage, liability, cost or expense: A.         i.          caused by or arising from or in connection with any Russia-Ukraine conflict and/or any expansion of such conflict; or ii.          in any area or territory or territorial waters where Russian armed forces, Russian-backed forces, and/or Russian authorities, are engaged in conflict within the territories (including territorial waters) of the Russian Federation, Belarus, Ukraine and any disputed regions of Ukraine, the Crimean Peninsula and the Republic of Moldova; or iii.         arising from capture, seizure, arrest, detainment, confiscation, nationalisation, expropriation, deprivation or requisition for title or use, or the restraint of movement of vessels and Cargo in the territories (including territorial waters) of the Russian Federation, Belarus, Ukraine and any disputed regions of Ukraine, the Crim
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pi_circular UK P&I Club ·2026-03-24

Circular 07/26: Notice of Amendment to the Club’s Terms and Conditions

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