Class 3 War Risks - Additional Premium Areas - August 2011

CIRCULAR REF: 2011/026

CIRCULATED TO ALL MEMBERS, BROKERS AND DIRECTORS

In accordance with the provisions of Rule 19.4, we hereby give you notice that your Directors have determined in exercise of their powers under Rules 19.3 and 19.3.1 that the Additional Premium Areas shall be amended.

The following areas are added:

1              Africa

g.             Benin

h.             Gulf of Guinea, but only in respect of the area enclosed by:

1.     On the northern side the coast of Benin and Nigeria.

2.     On the western side a straight line from the border, on the coast, of Benin and Togo to position Latitude 3° North, Longitude 1° 38′ East.

3.     On the southern side a straight line from there to position Latitude 3° North, Longitude 8° East.

4.     On the eastern side a straight line from there to Latitude 4° North, Longitude 8° 31′ East and then from there to the border, on the coast, of Nigeria and Cameroon.

In addition, the following area is amended:

1.             Africa

c.             Nigeria including terminals.

Amended to read:

1.             Africa

c.             Nigeria.

This notice is effective commencing 00:01 hours British Summer Time 25th August 2011 and, on the expiry of seven days thereafter, effective from 00:01 hours British Summer Time 1st September 2011, the Additional Premium Areas will be as follows:

1.             Africa

a.             Djibouti.

b.             Ivory Coast.

c.             Nigeria.

d.             Somalia.

e.             Eritrea, but only South of 15 degrees North.

f.              Libya.

g.             Benin.

h.             Gulf of Guinea, but only in respect of the area enclosed by:

1.     On the northern side the coast of Benin and Nigeria.

2.     On the western side a straight line from the border, on the coast, of Benin and Togo to position Latitude 3° North, Longitude 1° 38′ East.

3.     On the southern side a straight line from there to position Latitude 3° North, Longitude 8° East.

4.     On the eastern side a straight line from there to Latitude 4° North, Longitude 8° 31′ East and then from there to the border, on the coast, of Nigeria and Cameroon.

2.             Indonesia / Malaysia

a.             Balikpapan (South East Borneo).

b.             Borneo, North East Coast of, between and including Kudat and Tarakan.

c.             Jakarta.

d.             Sumatera (Sumatra), North Eastern Coast of, between 5°40’N and 0°48’N.

3.             Middle East

a.             Saudi Arabia.

b.             Iraq.

c.             Israel.

d.             Lebanon.

e.             Yemen.

f.              Iran.

4.             Philippines

a.             Mindanao, between the ports of Polloc Harbour and General Santos inclusive.

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 Palau 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.

5.             South America

a.             Venezuela

6.             Indian Ocean/Arabian Sea/Gulf of Aden/Gulf of Oman/Southern Red Sea.

The waters enclosed by the following boundaries:

a.             on the north-west by the Red Sea, south of latitude 15°N.

b.             on the west of the Gulf of Oman by longitude 58°E.

c.             on the east, longitude 78°E

d.             on the south, latitude 12°S

excepting coastal waters of adjoining territories up to 12 nautical miles offshore unless otherwise provided.

The Ports, places, countries, zones and areas listed shall include all harbours, offshore and installations and terminals unless otherwise stated.

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.

S.S.  Rebair

Associate Director – North Insurance Management Limited