Search - UK Defence Club

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Key Features

… clear choice for shipowners and operators. Our Members benefit from: Download Club Rules 2026 $15 million limit No mandatory deductibles No release calls Legal costs cover for a…

… (“UKDIL”) has been established in Cyprus and will begin underwriting European risks from 20th August, 2026. From the same date UKDIL will also become the Club’s quota reinsurer. The risks underwritten by the…

Benefits of our Cover

… via our Continuity Credit scheme which rewards continued Membership of the Club. At the 2026 renewal Continuity Credits were given to those Members who have been with the Club for a complete…

Sanctions against Russia and Iran: UK and EU’s lower oil price cap comes into force; and E3 initiate ‘snapback’ process in respect of Iranian sanctions

… the average market price of Russian crude oil, which will be first published on 15th January, 2026 and every six months thereafter. In addition, by 15th April, 2026, and every six months thereafter…

Sanctions Against Russia: EU Expands Shipping and Energy Restrictions in 21st Package

…On 23rd July, 2026, the EU adopted its 21st package of restrictive measures against Russia. The package introduces further measures targeting Russia’s shadow fleet, LNG trades, oil revenues, ports and refineries, while…

UKDC Club Restructure

… the new operational structure will be in place prior to the policy year commencing 20th February, 2026. Should Members have any questions about this restructure please do not hesitate to…

Sanctions against Russia: EU’s 20th Sanctions Package – No Maritime Services Ban…Yet

…On 23rd April, 2026, the European Union adopted its 20th package of sanctions against Russia. As explored in this article, the measures further tighten restrictions on maritime activity connected with Russian oil…

Sanctions against Russia: Entry into Force of the EU Ban on Petroleum Products Derived from Russian Origin Crude Oil

…On 21st January, 2026, Article 3ma of Council Regulation (EU) No. 833/2014 (as amended) (the “Regulation”), enters into force. This introduces an import ban into the EU of petroleum products obtained in third countries…

Commercial Court Clarifies Meaning of 'Banking Days' and Timing of Payment Obligations in Ship Sale Contracts

…On 23rd June, 2026, the Commercial Court handed down judgment in Songa Product and Chemical Tankers IV AS v Gardsea Shipping Inc [2026] EWHC 1559 (Comm), providing important guidance on (i) how “Banking Days” are to be…

Sanctions against Russia: UK and EU Lower Oil Price Cap and Expand Measures in 18th Sanctions Package

… a notice of the of the average market price and amend the price cap if necessary on 15th January, 2026 and every six months thereafter (unless unforeseen circumstances / extraordinary reviews require…

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