MARCH 10, 2026 CIRCULAR NO. 06/26 TO MEMBERS OF THE ASSOCIATION
Dear Member:
LIMITED REINSTATEMENT OF WAR RISKS COVER – PERSIAN/ARABIAN GULF AND GULF OF OMAN
Further to Circular No. 05/26 of March 1, 2026, regarding the cancellation of War Risks cover for certain non-mutual covers in the Persian/Arabian Gulf and the Gulf of Oman, the Club advises that arrangements have now been made which may allow for the reinstatement of such cover for Charterers on a buy-back basis.
This coverage is subject to additional premium on a per voyage basis. For further details, rates, and terms and conditions, Members are asked to contact the Club’s Underwriting Department with full details of the relevant voyage.
As a reminder to our Members, the Notice that was issued on March 1, 2026, does not apply to mutual entries for P&I and FD&D cover.
Yours faithfully,
Dorothea Ioannou, CEO Shipowners Claims Bureau, Inc., Managers for THE AMERICAN CLUB
