google-site-verification: googlee9447d3b266da5de.html Lloyds - Joint War Committee Update 17th May 2019 - Hormuz

Lloyds - Joint War Committee Update 17th May 2019 - Hormuz

Monday, May 20, 2019

 Hormuz


The enmity between Iran and Saudi Arabia continues to create tensions as the Saudis believe Iran is trying to control strategic waterways. The recent tightening of Iranian sanctions by the US administration will raise tension in  Iran and cause difficulties for Asian buyers. 
 


Very little information is to hand about the explosions at Fujairah anchorage on 12th May and the circumstances and methods employed remain unclear. There is no doubt that considerable damage was done and there will be significant claims.


The JWC has met to review the situation and in the light of further information, has updated the Listed Areas to reflect the perceived heightened risk across the region. The situation will be kept under close review. 

 

Hull War, Piracy, Terrorism and Related Perils Listed Areas - 17th May 2019

 

The Joint War Committee has recently reviewed the Listed Areas, and has agreed the following changes which are incorporated in the new list as attached.

 

Added:

 

Oman

 

Persian or Arabian Gulf and adjacent waters including the Gulf of Oman west of Longitude 58°E

 

United Arab Emirates

 

Amended:

 

Saudi Arabia (Gulf coast)

 

Saudi Arabia (Red Sea coast) excluding transits

 

Updated Areas Here: JWCA024 - Gulf


 

JWC Home Page

 

 

Please reload

ASKET Ltd The Worlds Trusted Broker
ASKET Social Media
  • Grey LinkedIn Icon
  • Grey Twitter Icon
  • Grey Facebook Icon

SOCIAL MEDIA

ASKET Contact

CONTACT

UK Tel: +44 7827 012195

UAE Tel: +971 5283 33164

Email: broker@asket.co.uk

ASKET Address

ADDRESS

ASKET Ltd

86-90 Paul Street

London

EC2A 4NE

Company NO: 08763474