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Iranian ship owners renew relations with P & I Cubs

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Magazine Issue: 
Reinsurance, an attractive market [3]
Magazine date: 
Dec 2016

Following the lifting of the economic sanctions imposed on Iran, several Iranian shipping companies have re-established relations with associations of international maritime insurers - the Protection and Indemnity Clubs (P & I).

Since this merger, numerous partnership and insurance contracts have been concluded. The Iranian shipowner IRISL has therefore underwritten an insurance cover with the Steamship Mutual. A memorandum of understanding on cooperation and training has also been signed between the Islamic Republic of Iran Shipping Lines (LIS) and the Norwegian SKULD P & I Club. A total of 50 Iranian ships have purchased a marine insurance cover from the P & I Clubs.

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Fri, 30/12/2016 - 08:41

Source URL: https://www.atlas-mag.net/en/article/iranian-ship-owners-renew-relations-with-p-i-cubs

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[3] https://www.atlas-mag.net/en/issue/reinsurance-an-attractive-market
[4] http://www.atlas-mag.net/en/article/lloyds-targets-the-iranian-market
[5] http://www.atlas-mag.net/en/article/shipowners-responsibility-the-pi-clubs