FAIRWATER MARINE

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Copyright © 2014 by Nicklas Holmberg. All rights reserved.

WHAT INSURANCE COVER DO YOU REQUIRE?

WHAT INSURANCE COVER DO YOU REQUIRE?

SHIPOWNERS

TEAM

PROTECTION & INDEMNITY (P&I)

 

Protection & Indemnity, written in conjunction with aHull and Machinery policy, protects a vessel and itsowners and operators against liability for bodily injuryand third party damage. In addition to the standard coverages, it can be customized to include:

 

     - Cargo Legal Liability

 

     - Excess Towers and Collision coverage

 

     - Liability protection for passengers’ baggage and

       personal effects

 

     - Coverage for the expenses associated with getting

       crew members back home and compensating them

       for lost wages

PASSENGER LIABILY REGULATION (PLR)

 

The Passenger Liability Regulation (PLR) will apply in all European Union (EU) and European Economic Area (EEA) from 31 December 2012. The Regulation essentially gives effect to the key provisions of the Athens Convention Relating to the Carriage of Passengers and their Luggage by Sea, 1974 as amended by the 2002 Protocol together with the 2006 IMO Reservation and Guidelines for Implementation of the Convention covering war risks. The Regulation applies to all seagoing vessels licensed to carry more than 12 passengers engaged in the following trades: 

 

  • an international voyage where (a) the ship is calling at a port in an EU/EEA State; or (b) the ship is flying the flag of or is registered in an EU/EEA State  

  • a domestic sea going voyage in an EU/EEA State which (a) has not deferred the application to Class A & B vessels or (b) has extended the Regulation to include Class C & D vessels (see footnote).

OTHER COVERS

- Yachts

- Voyage

- Towage

- Port Risks

- Lay up Covers

- Fishing vessels

- Terminals

STRIKE & DELAY

 

The owner/ charterer/ operator may like to protect himself for loss of income if the ship is delayed as a result of some perils. Cover is normally divided between ashore and onboard incidents, i.e. the charterers risks or the Owners risks respectively.

Shore risks (Classes I and II) - Cover can be obtained for labour disputes and/or forcemajeure incidents such as fire, explosion on land, mechanical breakdown, landslides, port/ waterway closure, severe weather etc.

Onboard risks (ClassIII) – Cover can be obtained for
A) Strikes,
B) Stranding Grounding Collision,
C) Machinery breakdown (only modern ships),
D) Other P&I incidents such as Oil pollution, deviation due to sickness, quarantine, drugs onboard.

JAN RISINGER

 

Direct: +46 8 410 19 681

Mobile: +46 73 8000 926

Email: jan.risinger(at)fairwater.se

NICKLAS HOLMBERG

 

Direct: +46 8 410 19 684

Mobile: +46 70 94 00 930

Email: nicklas.holmberg(at)fairwater.se

DAN NYLUND

 

Direct: +46 8 121 31 773

Mobile: +358 505 448 651

Email: dan.nylund(at)fairwater.se

TOBIAS CARLSSON

 

Direct: +46 8 410 19 689

Mobile: +46 70 2701 1 88

Email: tobias.carlsson(at)fairwater.se

PER KRAHN

 

Direct: +45 7026 7788

Mobile: +45 3070 6521

Email: per.krahn(at)fairwater.dk