Warning: "continue" targeting switch is equivalent to "break". Did you mean to use "continue 2"? in /home/shtion/domains/shipinspection.eu/public_html/old/plugins/system/t3/includes/menu/megamenu.php on line 137
What clauses would probably be attached to a typical hull and machinery policy obtained in London?
30
Wed, Dec
0 New Articles
 

What clauses would probably be attached to a typical hull and machinery policy obtained in London?

MCA Oral Exam Questions
Typography

(1) The Institute Time Clauses - Hulls (1/10/83) or the International Hull Clauses (1/11/03); 

(2) the Institute Strike Clauses; (3) the Institute War and Strikes Clauses (Hulls - Time) or (Hulls - Voyage); and (4), if the 1983 ITCs are used, the Institute Warranties, also called Institute Warranty Limits). The shipowner instructs his broker as to what cover he requires, e. g. for 12 months, with strikes and war risks cover, and the broker agrees with the underwriters for the appropriate clauses to be attached to the policy. In a policy for a single voyage, the Institute Voyage Clauses would be used instead of Time Clauses.

 

BLOG COMMENTS POWERED BY DISQUS

SPONSORED: Amber For Sale - Loose Amber, Amber Gemstones on Sale -  https://ambersale.com 

Do you like Natural Baltic Amber?