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The War and Strike risks excluded in above insurances (H&M, Hull Interest & Freight Interest) are covered in a special War Risk insurance. For certain excluded areas UW:ers have to be advised. To be allowed to trade in excluded areas UW:ers may demand that an additional premium (A.P.) is paid.



The ship itself with machinery and equipment, is insured under the H&M cover. This insurance will also cover liability in respect of collision with other ships and/or fixed and floating objects. Conditions are mostly of all risk type. War & Strike risks are excluded but will be covered by a separate War insurance.



The owner or charterer may like to protect himself for loss of income if the ship comes off hire due to a Hull and Machinery casualty. The insurance for this risk is the Loss of Hir (LOH). Such an insurance will indemnify the assured upto an agreed daily amount. However the UW:ers will require a qualification time in way of a deductible and to limit their exposure they will also put a cap on the cover in way of maximum number of days per incident and over the year.



Hull Interest is an insurance to cover interests which the owners have in their capacity as owners of the insured ship, and which is neither covered by insurance on hull nor relates to a particular contract of affreightment, firmly established liner trade or the like. Hull Interest insurance is for total loss (TLO) only and will be paid out following a TLO settlement on the H&M policy. The sum insured of the Hull Interest insurance is allowed upto 25% of the sum insured in respect of H&M. War & Strike risk are excluded but will be covered by a separate War insurance.



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




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).


- Yachts

- Voyage

- Towage

- Port Risks

- Lay up Covers

- Fishing vessels

- Terminals



Following the Exxon Valdez accident in 1989, the US Congress passed the Oil Pollution Act (OPA 90). Title 1 of OPA 90 establishes oil spill liability and compensation requirements including the Oil Spill Liability Fund (OSLTF). In 1991, the United States Coast Guard created the National Pollution Funds Center (NPFC) to implement Title 1 of OPA 90, administer the OSLTF, and ensure effective response and recovery.


Before any vessel larger than 300 gross tons can operate within the US Exclusive Economic Zone, the owner/operator must obtain a Certificate of Financial Responsibility (COFR) from the NPFC. The COFR is only issued if the owner/operator provides evidence of financial responsibility to pay for removal costs and damages up to the applicable limit of liability, which is based on the gross tonnage and type of the vessel (e.g., higher limits apply to tank vessels than cargo vessels).



COFR LOGIN (Click Here)



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.



Direct: +46 8 410 19 684

Mobile: +46 70 94 00 930

Email: nicklas.holmberg(at)



Direct: +46 8 121 31 773

Mobile: +358 505 448 651

Email: dan.nylund(at)



Direct: +46 8 410 19 689

Mobile: +46 70 2701 1 88

Email: tobias.carlsson(at)

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