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A certificate, issued by a P&I club to a vessel entered with the club for cover against third party liabilities, as evidence of the contract of indemnity insurance between the club and the club member or members named in the certificate. It shows the risks covered (e. g. "Class 1 Protection and Indemnity risks"), any inclusions (e. g. "four fourths collision liability in accordance with Rule... "), any exclusions, and the deductible(s) to be borne by the member.

A signed undertaking given by cargo receivers stating that, in return for delivery to them or to their order of the goods noted in the bond, they agree to pay the proper proportion of any general average charges (and salvage or special charges) which may thereafter be ascertained to be due from the goods. Lloyd's Average Bond form (LAB 77) is normally used.

 

The shipowner; each cargo owner (however many); the owners of the ship's bunker fuel (who are often time charterers); the recipients of the freight at risk (usually the shipowner or time charterers). Where cargo is owned by more than one party, each cargo owner is treated as a separate interest and bears his own share of any general average loss, no matter how small.

 

At least: name and IMO number of receiving ship; port; date of commencement of delivery; name, address and telephone number of marine fuel oil supplier; product name(s); quantity (metric tons); density at 15°C (kg/m3); sulphur content (% m/m); and a declaration signed and certified by the fuel oil supplier's representative that the fuel oil supplied is in conformity withregulation 14(1) or (4)(a) and regulation 18(1) of MARPOL Annex VI.

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