05
2016-05

The Inter-Club New York Produce Exchange Agreeement 1996 (as amended Suptember 2011) ("the 2011 Agreement" provides a mechanism whereby liability for cargo claims arising under the New York Produce Exchange Form (NYPE) or Asbatime charterparties and/or contracts of carriage authorised under such charterparties can by swiftly and fairly apportioned between owners and charterers.
18
2016-04

As previously notified, the International Group has bought "fall-back" cover, which is designed to respond to reinsurance recovery shortfalls that would result from the inability of US-domiciled reinsurers on the Group GXL and Hydra reinsurance programmes to make payments due to the continuing application of US primary sanctions, for the 2016/17 policy year.