Lloyd’s Market Association Bulletin

The LMA is reissuing LMA5612 and LMA5613 clauses to respond to the recent changes to the Oil Price Requirements.

LMA5612A – Political Risk Oil and Oil Price Cap Endorsement

LMA5612A Price Cap Exception Clause (Political Risk) – Appendix 1

LMA5612A Price Cap Exception Clause (Political Risk) – Appendix 2

LMA5613A – Credit Risk Oil Price Cap Endorsement

LMA5613A Price Cap Exception Clause (Credit Risk) – Appendix 1 Pre-Inception Endorsement Attestation

LMA5613A Price Cap Exception Clause (Credit Risk) – Appendix 2 Qualifying Voyage Attestation 

Arabella Ramage
Legal Director
arabella.ramage@lmalloyds.com