A dated war-risk cover-cancellation series with exact geographies: a third consecutive Notice of Cancellation issued 1 March 2026 and effective 00:00 GMT 5 March 2026, terminating War Risk cover for fixed-premium assureds including charterers in Iran and Iranian waters to 12 nm and the Persian/Arabian Gulf including the Gulf of Oman defined by explicit coordinates (Cape al-Hadd 22d42.5'N 59d54.5'E to the Iran-Pakistan border 25d10.5'N 61d37.5'E) — following prior NoCs for the Red Sea Excluded Area (2024) and the RUB (Russia-Ukraine-Belarus) Excluded Area, with the RUB exclusion carried in the Charterers' 2025 and 2026 Terms under a Territorial Conflict Exclusion Clause. Accompanying layers: the war-risk perils definition set (war, hostile acts, terrorism, capture/seizure/detention, mines and weapons, labour disturbance, malicious actors, confiscation/requisition), the standard-P&I-versus-war-risk carve-out, and an explicit buy-back route for excluded-area cover.
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