Price Cap on Russian Oil - Podcast

Claims Emergency

London Branch

+44 203 829 5858

Singapore Branch

+65 8683 3190

The claims response service is available 24 hours a day, 7 days a week and provides immediate global assistance to all of our Members.

Calling the emergency contact number provides a quick and effective way to speak directly to a duty Shipowners’ claims handler in the event of an incident or casualty involving an entered vessel.

During office hours the emergency number will redirect to the relevant corresponding office switchboard.

Alternatively, Members can request assistance from our network of correspondents located around the world.

Correspondents

10 Jan 2023

Download

Following the IG Circular issued on our website on 9 December 2022, the Club’s Legal Team has recorded this podcast to provide Members with a snapshot of the Price Cap on Russian oil that came into effect on 5 December 2022.

An explanation of the purpose of the cap;
The level of the cap and how this will be reviewed;
How the cap will work in practice;
Consequences of failure to comply;
Emergency response scenarios; and
Blending.

We hope Members will find the content informative and helpful.

Emergency Contact