EmergencyList of Vessels

Loss of income caused by events such as

  • Damage to the vessel recoverable from the underlying hull & machinery cover
  • Stranding of the vessel
  • Physical obstruction preventing the vessel from leaving port (excluding ice)
  • Salvage or removal of damaged cargo
  • Events giving rise to an allowance in General Average

Important exclusions

  • Actual and constructive total loss.
  • Non-physical blocking of a vessel (e.g. by order from authorities).

Case studies

Loss of income due to damage to hull

Delay due to damaged cargo equipment

Hire of portable equipment

Frequently asked questions

Terminology

Read more

Gard's loss of hire cover brochure

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