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VENTURE AMONGST<br />
57 ISLAMIC COUNTRIES<br />
TO PROVIDE LIABILITY INSURANCE<br />
COVER FOR SHIPOWNERS TRADING<br />
WORLDWIDE<br />
LIMIT OF LIABILITY | USD 1B | USD 500M | USD 100M | USD 50M | USD 25M | BELOW USD 25M AS PER REQUESTS<br />
TYPES OF COVER | P&I | FD&D | CHARTERERS’ LIABILITY | WAR RISKS | SPECIAL OPERATIONS | K&R | H&M<br />
Organization of Islamic Cooperation (OIC) (formerly Organization of the Islamic Conference) is the second largest inter-governmental organization after the<br />
United Nations with the membership of 57 states spread over four continents. In order to coordinate and unify the efforts in realizing the cooperation among<br />
the maritime companies within Member States, the Organization of the Islamic Shipowners’ Association (OISA) was established as an affiliated institution to the<br />
OIC in Jeddah, Kingdom of Saudi Arabia. In 2004, the idea of establishing Islamic P&I Club to provide liability cover for shipowners was proposed and approved<br />
by the OISA members and the Club was founded as a non-profit company in Dubai, United Arab Emirates.<br />
OFF. 408, BLOCK B, AL HUDAIBA AWARDS BLDG., JUMEIRAH RD., UNION HOUSE SQ., DUBAI, UAE, P.O. BOX: 181891 | T:+971 4 385 7004 | F: +971 4 385 7011<br />
www.ipandi.club | info@ipandi.club<br />
MARASINEWS.COM 7<br />
YOUR SUPPORT IN DIFFICULT TIMES