Emergency

List of Vessels

Risk solutions covering a daily loss of income following physical damage to a vessel

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

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