Legal framework and organizational structure of P&I Clubs
Maritime Studies University of Pireus Pireus, Greece
Part of the protection of maritime companies and their employees was entrusted to P and I Clubs due to the fact that insurance companies either denied or could not undertake all the risks. Therefore, P & I Clubs were established because of the interest and the participatory actions of ship-owners.
This presentation is a critical analysis of the existing legal framework and the organizational structure of P & I Clubs. It presents the problems encountered by the interested parties and makes propositions for the improvement of the legal framework in order to meet the needs occurring from the various activities of maritime enterprises.