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Circular (CLM) 18/2011 Charterparty Clause - Indemnity for Insured risks

October 20, 2011Circulars
The Club has recently been made aware of a clause that some charterers have been seeking to incorporate into their charterparties, in particular in the container trades. For the reasons set out below the clause has the potential to prejudice an Owners P&I cover and should not be agreed without considering the full implications of doing so.

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