Standard Club International Group has amended the Pooling Agreement so that as of 20 February 2021, P&I cover in respect of fines for smuggling and breach of customs regulations will no longer provided as of right, but only on a discretionary basis.
Smuggling fines and discretionary coverPrior to 20 February 2021, P&I cover was available as of right for fines in respect of ‘smuggling or breach of any customs or immigration law or regulation.’
Fines falling within this category can be imposed in...
https://mfame.guru/standard-club-amends-regulations-for-customs-breach/