Risk solutions covering liability to pay hire to the shipowner under the terms of a charterparty in the event the charterer cannot make use of the vessel
Liabilities to pay hire arising as a result of delay of the ship caused by P&I events such as
- Pollution spills resulting in third party property damage
- Stevedore personal injury in connection with loading/unloading operations
- Cargo dispute leading to the arrest of the vessel
Liabilities to pay hire arising from external circumstances beyond the charterer’s control
- Denial of access to a place of refuge
- Delay in arrival or departure to or from scheduled port (except due to weather or ice conditions)
- Pirate seizure
Limits
5m
USD
pr event/aggregate per year
7
days
2 days for piracy
Frequently asked questions
Terminology
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