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Search for ships currently entered in the London P&I Club by their name or I M O number Search Search for correspondents in our global network by country/area or port/city Search Alert on the Carriage of Russian Origin Oil and/or Petroleum Products and Compliance 18 March 2024 Members and Assureds should note the compliance requirements for this and the previous year below.  Policy Year 2023/24 - Annual Attestations of Price Cap compliance As per the  Club’s circular of 23 February 2023 , Members potentially involved in the carriage of Russian origin oil and/or petroleum products are required for the policy year 23/24 to submit an annual attestation of Price Cap compliance in the form set out in annex A of the circular.  Cover for claims arising out voyages connected with the carriage of Russian origin cargo may be unavailable until the Club has received such attestation. Members can use the company (normally the managers of the Owners) who arranged for the fleet to be entered with the Club as the company on whose behalf the attestation is to be signed. The attestation should be sent to  [email protected] .  Policy Year 2024/25 - Additional requirements if engaging in the carriage of Russian origin oil and/or petroleum products  As set out in the  Club’s Circular of 6 February 2024 , developments in sanctions imposed by the UK, EU and US mean that Members engaging in this trade are, for cargoes loaded after 20 February 2024, required to provide:  an attestation of Price Cap compliance on a per voyage basis. Members can use the company (normally the managers of the Owners) who arranged for the fleet to be entered with the Club as the company on whose behalf the attestation is to be signed.  The attestation should be sent to  [email protected] .   sufficient ancillary costs information to show Price Cap compliance if requested by the Club.  Based on official guidance to the industry, the Cl
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pi_circular London P&I Club ·2024-03-17

Alert on the Carriage of Russian Origin Oil and/or Petroleum Products and Compliance

London P&I Club
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