Weekly Roundup: 22nd February 2024
Welcome to the UK P&I Club Weekly Roundup, a summary of the latest news and updates. To receive these updates directly into your inbox, please subscribe here.
The UK P&I Club has announced the successful completion of the P&I renewal for 2024. The 2024 renewal focus has been on portfolio management, providing strong support to the Club's high-quality membership and a fair outcome for all Members.
This circular informs Members that the Club can now provide an economically priced Charterers' Liability buyback for the excluded risks on a voyage by voyage basis with flexibility on available limits.
In September 2023, the International Group welcomed the Electronic Trade Documents Act giving legal recognition in English law to electronic trade documents, including electronic bills of lading. Read more for further details of the Group's process
The International Group have published the second episode of the Salvage & Wreck Podcast. In this episode, Sam Kendall-Marsden, Chair of the International Group's Large Casualty Committee explores risk assessment, technical and legal challenges for salvors operating in a modern world.