Marine Circulars

Marine Circulars

Göteborg: 24 August 2015
406/2015

War risk insurance: Procedure for calling Iran and Syria

The purpose of this Circular is to inform the Association’s war risk members about the requirements that apply in relation to calls to Iran and Syria.

Both Iran and Syria are within the Listed Area as defined in Circular 405/2014. Trading to Iran and Syria should therefore be reported to the Association before commencement of each voyage. Once reported to the Association, the member will be asked to complete and return to the Association a questionnaire regarding details of the voyage including details of the cargo, shippers and receivers. The Association will review the questionnaire and subsequently confirm cover for the voyage provided there is no breach of any sanctions legislation. There is no war risk cover in place for a voyage to Iran or Syria until the Association has confirmed cover as aforementioned. The purpose of this procedure is to ensure compliance by members, the Association and the Association’s reinsurers of applicable sanctions legislation. 

Members are advised to report any call to Iran or Syria to the Association as early as possible in order to allow time to complete the above procedure.

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SE-411 04 Gothenburg
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SE-401 22 Gothenburg
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