Lloyd's Market Association Bulletin

LMA24-007-AR | 13 February 2024

Changes to Oil Cap Provisions, Hull and Cargo - LMA5610A and LMA5611A

The LMA has updated these model wordings in line with the forthcoming changes to the Oil Cap provisions.

These wordings will be loaded to the Lloyd’s repository and some additional guidance will follow.

All model clauses published by the LMA are purely illustrative and are distributed for the guidance of members, who are free to agree to different conditions or amend as they see fit. 

LMA5610A Cargo Oil and Oil Products Price Cap Notice and Clause Endorsement  

LMA5610A Cargo PCEC - Appendix 1 - Placing Attestation - 13 February 2024  

LMA5610A Cargo PCEC - Appendix 2 - Qualifying Voyage attestation - 13 February 2024  

LMA5611A Hull Oil and Oil Products Price Cap Notice and Clause Endorsement  

LMA5611A Hull PCEC - Appendix 1 - Placing Attestation - 13 February 2024  

LMA5611A Hull PCEC - Appendix 2 - Qualifying Voyage attestation - 13 February 2024  

Arabella Ramage

Legal Director
arabella.ramage@lmalloyds.com