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...Skuld is a world leading marine insurer. We provide our members and clients with service and competence they can rely on 24/7....
https://www.skuld.com/
Skuld P&I - Skuld
...The P&I cover protects our members against third party losses and liabilities and gives access to the professional services offered by Skuld?s experienced teams. Together with additional products tailored to individual needs of the member, Skuld P&I ensures a reliable cover for liability exposure....
https://www.skuld.com/about/skuld-pi/
Skuld Renewal Update 1 policy year 2025/26
...Skuld's Board of Directors met in Hamilton, Bermuda, on 5 November 2024 to discuss the upcoming P&I renewal for the policy year starting 20 February 2025. The Board noted and agreed the following: The mutual portfolio so far in 2024 reflects a general increase in higher-value claims in the industry compared with the prior year....
https://www.skuld.com/about/-/circulars/2024/skuld-renewal-update-1-policy-year-202526/
Guidance for a successful vetting inspection onboard a tanker - Skuld
...An onboard inspection can only be successful if the tanker has been prepared for the inspection. For this reason, some companies perform pre-vetting inspections by internal resources prior to the vetting inspections by the oil maj...
https://www.skuld.com/topics/cargo/liquid-bulk/guidance-for-a-successful-vetting-inspection-onboard-a-tanker/
Anti-deduction clauses: Can a charterer withhold hire without ... - Skuld
...In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be made without owners' consent, non-payment of hire is a "deduction" if the vessel is allegedly off-hire at the instalment date, thereby precluding charterers from making unilateral deductions. Whilst the case is fact specific, this is a welcome analysis of how provisions limiting ......
https://www.skuld.com/topics/legal/pi-and-defence/anti-deduction-clauses-can-a-charterer-withhold-hire-without-an-owners-consent/
Yemen: Port and security update - Skuld
...On 9 April 2020, Saudi Arabia declared a two-week ceasefire in Yemen, which was proposed by the United Nations in an effort to slow the advance of COVID-19 in light that Yemen does not have the resources to withstand a highly contagious virus....
https://www.skuld.com/topics/port/port-news/asia/yemen-port-and-security-update/
On whose behalf is the LOI given? Considerations for charterers when ...
...The latest Skuld Charterer edition sets out the different considerations which arise when deciding which legal entity should issue and be bound by the LOI. It further discusses whether the wider issuing Group Company can be held liable, and the importance of ?undisclosed principals? under English Law....
https://www.skuld.com/topics/legal/pi-and-defence/on-whose-behalf-is-the-loi-given-considerations-for-charterers-when-issuing-and-receiving-lois/
Conditions of Use (COUs): the charterers? perspective - Skuld
...The COU may be attached to a storage agreement or master sale and purchase agreement, so that charterers (depending on their position in the chain) may have the opportunity to review the COU at an early stage and to consider together with Skuld whether it is likely to be acceptable for a shipowner to sign, and what impact (if any) the terms may have on the charterers' P&I cover....
https://www.skuld.com/topics/legal/pi-and-defence/conditions-of-use-cous-the-charterers-perspective/
2024 P&I Rules - Skuld
...These Rules, which reflect the Association's membership in the International Group of P&I Associations and as a party to the International Group's Pooling Agreement, shall apply for the policy year 2024 and come into effect from 20 February 2024. Skuld P&I Rules 2024 are available on this website in PDF and online versions. In case of discrepancy between the online and the PDF version of the ......
https://www.skuld.com/products/Conditions/pi-rules/pi-rules/
Skuld Renewal Update 2 policy year 2025/26 - Skuld
...Members having policies in currencies other than USD will have rates that are affected by the change of exchange rates between USD and the currency of the Policy. Skuld has to pay the reinsurance in USD. Thereby, this will have an impact on the reinsurance rates in other currencies: (2025/26 rates per GT and change in % from 2024/25)...
https://www.skuld.com/about/-/circulars/2024/skuld-renewal-update-2-policy-year-202526/