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NEWS INTELLIGENCE ARCHIVE
03 AUG 2026 MONDAY
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CIRCULATED TO ALL WAR CLASS MEMBERS, BROKERS AND DIRECTORSRulesThe War Class Rules for the 2008/2009 Policy Year will remain unchanged from those of the 2007/2008 Policy year and are available on the Association’s web-site www.nepia.comAdvance Contribution RatesThe Directors have agreed that Advance Contribution Rates for the 2008/09 policy year shall be reduced by 15% and accordingly will be as follows:Cruise Ships All other ships British ships 0.0404% 0.0101% Flagged out ships 0.0434% 0.0107%Entered Ships which are limited to a Restricted Trading Area are entitled to pay 50% of the above rates. The Restricted Trading rate applies if the Entered Ship trades exclusively in any one of the following areas:a) Europe (not south of Gibraltar and excluding the Mediterranean and Black Sea); b) U.S.A. and Canada (excluding Panama Canal Transits) c) Australasia.The Advance Contribution will be payable in one instalment which will be due on 1 April 2008.Additional Premium AreasWith effect from noon 20 February 2008, the Additional Premium Areas will be as follows:1. Africaa. Djibouti. b. Ivory Coast. c. Nigeria including Terminals. d. Somalia. d.i. Somalia Transit. Gulf of Aden – waters west of Ras Asir up to a distance of 50 nautical miles from the coast of Somalia, but excluding the territorial waters of other countries. Indian Ocean – waters south of Ras Asir up to a distance of 200 nautical miles from the coast of Somalia, but excluding the territorial waters of other countries. Yemen – waters up to a distance of 50 nautical miles from the islands of the Socotra Archipelago, but excluding the territorial waters of other countries.2. Asiaa. Thailand, Southern Gulf coast of, between and including Songkhla and Narathiwat. b. Sri Lanka.3. Indonesia / Malaysia a. Ambon (Seram). b. Balikpapan (South East Borneo). c. Borneo, North East Coast of, between and including Kudat and Tarakan. d. Jakarta. e. Sumatera (Sumatra), North Eastern coast of, between 5° 40’ N and 0°48’ N. f. Poso (Sulawesi).4. Middle Easta. Saudi Arabia. b. Iraq. c. Israel. d. Lebanon. e. Yemen5. Philippinesa. Mindanao, Southern coast of, between and including Polloc Harbour and Mati. b. Sulu Archipelago including Jolo. Sulu Archipelago is defined as from Tanjung Bidadari (5° 49’• 6N, 118° 21’• 0E) along the east coast of Sabah to Tanjung Bagahak Light (4° 56’• 5N, 118° 38’• 3E); thence south-eastwards to Pulau Mataking Light (4° 34’• 6N, 118° 57’• 0E); thence southwards to position 3° 32’• 0N, 118° 57’• 0E; thence north-eastwards to position 5° 50’• 0N, 122° 31’• 0E; thence northwards to position 7° 06’• 6N, 122° 31’• 0E; thence westwards to Batorampon Point Light (7° 06’• 6N, 121° 53’• 8E); thence west-south-westwards to Tanjung Bidadari.Notice must be given to the Association before an Entered Ship proceeds into an Additional Premium area. The Association will endeavour to provide indications of Additional Premium levels at any time but firm quotations will not normally be available until the Entered Ship is within 48 hours of arrival into the Additional Premium area.Insured Values and Sums InsuredMembers are reminded of the need to review the Insured Values and Sums Insured which should be the same as those for which the Entered Ship is insured for total loss under marine policies, normally the insured value on Hull and Machinery, plus where applicable any amount insured on Disbursements and/or Increased Value or Freight. Any interest which is insured against total loss risks only under marine policies should be declared under Rule 3 so that the War Risk insurances exactly reflect the non-War Risk insurances for the same interests.The maximum value or amount insured under Rule 2 and Rule 3 in the aggregate will be £390,000,000 or equivalent any one Entered Ship.The limit of liability in equivalent currencies for claims is:US$ 600,000,000Euros 510,000,000Can $ 780,000,000Members are also reminded of the provisions of Rule 11 whereby the Secretary of State for Transport
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pi_circular NorthStandard ·2025-02-04

War Risks Renewal 2008 2009

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