Extended and Ancillary Covers

Ship Owner’s Liabilities (SOL)

From time to time a ship owner may make a decision with respect to the operation of his vessel that could take him outside of his standard P&I cover.  This might be a decision to carry a rare and valuable cargo or to deviate the vessel on route to the discharge port.  In such situations there are a range of extended and ancillary covers available that “buy back” and to a limited extent replace the P&I cover lost, including:-

• Contractual Deviations
• Ad Valorem Bills of Lading
• Mis-delivery under Bills of Lading
• Rare and Valuable Cargo
• Non-poolable Paperless Trading

Cargo Owner’s Liabilities

Occasions can arise when a claim is presented against the cargo owner for liabilities arising from the transport of his cargo.  These claims will not be covered by standard Charterer’s Cover.  Cargo Owner’s Liability Insurance has been designed to specifically cater for the additional risks that a cargo owner might face transporting his cargo.

Extended Through Transport Cover for Cargo

In addition to standard Through Transport Cover for Cargo – which deals with liabilities arising when carried under a through or transhipment bill of lading – cover can be extended to liabilities to third parties for damage done by the container itself or the cargo therein during inland carriage, e.g., the container falls from a railtruck injuring a third party or some hazardous cargo leaks causing pollution.

Crew Familiarisation

Often it is necessary for a ship owner to arrange for officers, crew, supernumeraries, supercargoes, superintendents or any other personnel, to go onboard a non-owned vessel.  This will usually be in advance of taking delivery of a vessel.  Crew Familiarisation deals with the liabilities arising from such a situation whether or not such vessels are entered in the Association at the time of the loss.

Newbuilding Supervisors

A combination of the Crew Familiarisation cover with the addition of Personal Accident covers for these employees.

Excess Contractual Cover

For commercial reasons it may be that certain contractual terms that prejudice a Member’s standard P&I cover are agreed.  These may be provisions waiving rights of limitation, assumption liability for third party losses or damage to third party property, contractual naming and waiving obligations, or assumption of liabilities under non-reciprocal “knock-for-knock” agreements.  In such circumstances cover can be extended to replace the cover lost.

North America Clean-Up

An Extended Contractual Cover specifically designed for a situation where a Member commits to indemnities arising from a non-approved North American Oil Pollution Response Agreements, including the MSRC Dispersant Addendum.

Maritime Lien for Charterers’ Debts

Provides cover for a Member against the risk of claims being made against his vessel for the unpaid debts of an insolvent charterer.    Maritime Lien for Second-Hand Ships

Purchasing second-hand vessels carries with it a risk that the former owner incurred debts that establish a maritime lien against the vessel.  In conjunction with performing a “writ-search” in all major maritime registries, Maritime Lien for Second-Hand Ships provides a Member with some protection against the financial losses which may flow from claims being made against second-hand vessels.

Ship Seizure

A very flexible facility to cover against expenses not otherwise recoverable under standard P&I cover for detention/delays arising as a consequence of a wide variety of perils, such as the risk of quarantine or the compulsory detainment of the vessel following discovery of an infectious disease.

Charterer’s Loss of Use

Provides covers for a charterer’s exposure to continuing hire payments in the event of an extended delay to the vessel through blockage or detention.

Offshore Oil and Gas Exploration and Productions Operations

Specialist cover for owners with vessels engaged operations such as drilling and production operations in connection with offshore oil and gas exploration and production.

Specialist Operations

Available with various policy limits to provide cover primarily for activities excluded by rule 19(28) such as:

• Dredging, Pile-driving
• Cable-laying etc.
• Non-Poolable Towage
• Divers
• Salvage
• Heavy Lift operations

For more information in respect to any of the above covers, please contact your usual underwriting contact.