Members are advised there is pending legislation in the US and UK which is aimed at extracting political pressure against Iran and Iranian interests. The International Group of P&I Clubs (the Group) is closely monitoring the developments as the legislation, if enacted, may have severe adverse implications on shipping, including P&I Clubs and their members. The Group has provided the below summary of the legislative position for clubs’ and their respective members’ information. In addition, the Group is coordinating efforts with the shipowner associations with regard to the drafting of relevant charter party and bill of lading clauses.