On 23rd July, Insurance Maritime News reported that the Standard Club has issued guidance on club cover, risk mitigation and legal implications on contractual issues that members may face as a result of the recent tanker attacks in Fujairah and the Gulf of Oman.  Apparently, third-party liabilities, however, are excluded from club cover if caused by the use/engagement of certain ‘weapons of war’ that are specifically named in the club’s rules or any ‘other similar weapons of war’.  P&I liabilities arising from terrorism are excluded and P&I liabilities arising from the use/engagement of weapons of war, terrorism and other war risks would fall to be covered under a shipowner’s P&I war risks cover.

You can see the release from the Standard Club on 19th July at –


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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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