With reference to our circular P&I 2465/2008 we enclose a form for the 4th quarter declarations to be completed and returned to us not later than April 20th 2009.

As from February 20th 1998, all tanker Owners, including Owners of OBO and OO vessels, have to make quarterly declarations in respect of cargoes carried and voyages performed during the specified quarter in order not to jeopardise their P&I cover.

The reason for this increased reporting procedure is to ensure that all Members of the Association are charged an accurate premium for the quarter. Tankers carrying Non-persistent oil and OBOs and OOs carrying dry cargoes during the entire quarter, will enjoy a lower reinsurance cost which will be credited to the Members. Owners of tankers (including OBOs and OOs) trading to the USA and US EEZ have to declare voyages in order to pay the correct surcharge.

Completion and return of the enclosed declaration form is only required for owners of tankers, OBOs and OOs.

Please find the complete Circular enclosed below

Yours sincerely,
The Swedish Club
Lars A. Malm