pi_circular Insurance & claimsGeopolitical risk London P&I Club
The London P&I Club is the trading name of The London Steam-Ship Owners' Mutual Insurance Association Limited and its subsidiary The London P&I Insurance Company (Europe) Limited. The London Steam-Ship Owners' Mutual Insurance Association Limited. Registered in England No 10341. Registered Office: 50 Leman Street, London, E1 8HQ. The London P&I Insurance Company (Europe) Limited, a private limited liability company registered in Cyprus, No HE410091. Registered Office: Victory House, Office 321, 205 Archbishop Makarios Avenue, 3030 Limassol. 21 December 2023 TO ALL CLASS 7 (WAR RISKS) MEMBERS Dear Sir or Madam Additional Premium Areas In accordance with Rule 19.3, the following amendments to the list of Additional Premium Areas set out in the Association’s Circular 7.133 dated 3 May 2023 will apply with effect from 00:01 hours GMT 3 rd January 2024: The following area is added:Guyana, but only calls to offshore installations in the Guyanese EEZ beyond territorial waters The following areas are amended:Indian Ocean, Gulf of Aden and Southern Red Sea The waters enclosed by the following boundaries: a) On the north-west, by the Red Sea, south of Latitude 15° N 18° N b) on the northeast, from the Yemen border at 16°38.5’N, 53°6.5’E to high seas point 14°55’N, 53°50’E c) on the east, by a line from high seas point 14°55’N, 53°50’E to high seas point 10°48’N, 60°15’E, thence to high seas point 6°45’S, 48°45’E d) and on the southwest, by the Somalia border at 1°40’S, 41°34’E, to high seas point 6°45’S, 48°45’E Cabo Delgado The waters within 50 nautical miles territorial sea of Mozambique and Tanzania enclosed by the following boundaries: a) To the north, from Mnazi Bay at 10°19.6'S, 40°18.9'E to high seas point at 9°50.7'S, 41°7.6'E. 10° 10.3' S, 40° 34.44' E b) To the south, from Baía do Lúrio at 13°30’S, 40°31.6’E to high seas point 13°30’S, 41°28.8’E 13° 29.97' S, 40° 49.7' E. The amended list of Additional Premium Areas, with effect from 00:01 hours GMT 3 rd January 2024 can be read on the following page. Yours faithfully A BILBROUGH & CO LTD (MANAGERS) 7:134 - 2 Additional Premium Areas With effect from 00:01 hours GMT 3 rd January 2024, the Additional Premium Areas will be as follows: Africa Benin Cabo Delgado Gulf of Guinea Libya Nigeria Somalia Sudan Togo Indian Ocean, Gulf of Aden and Southern Red Sea Middle East Iran Iraq Israel Lebanon Oman (Musandam Governorate) Persian or Arabian Gulf Saudi Arabia (Gulf coast) Saudi Arabia (Red Sea coast) excluding transits Syria United Arab Emirates Yemen South America Guyana, but only calls to offshore installations in the Guyanese EEZ beyond territorial waters Venezuela Russia Europe Sea of Azov and Black Sea waters plus inland waters DEFINED WATERS Europe 1) Sea of Azov and Black Sea waters enclosed by the following boundaries a) On the west, around Romanian waters, from the Ukraine-Romania border at 45° 10.858'N, 29° 45.929'E to high seas point 45° 11.235'N, 29° 51.140'E b) thence to high seas point 45° 11.474'N, 29° 59.563'E and on to high seas point 45° 5.354'N, 30° 2.408'E c) thence to high seas point 44° 46.625'N, 30° 58.722'E and on to high seas point 44° 44.244'N, 31° 10.497'E - 3 d) thence to high seas point 44° 2.877'N, 31° 24.602'E and on to high seas point 43° 27.091'N, 31° 19.954'E e) and then east to the Russia-Georgia border at 43° 23.126'N, 40° 0.599'E 2) All inland waters of Ukraine, including inland waters within Crimea and other Ukrainian territories under Russian control 3) I
Circular 7.134: War Risks - Additional Premium Areas
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