Insurance and Claims
VESSEL INSURANCE COVERAGE Company vessels are covered by several types of marine insurance policies, including Hull and Machinery – which…
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VESSEL INSURANCE COVERAGE Company vessels are covered by several types of marine insurance policies, including Hull and Machinery – which…
All Class Record files, including Enhanced Survey files, where applicable, must be kept in safe custody of Master. The vessel…
The Carriage of Goods by Sea Act (“COGSA”) defines the basic relationship—duties, liabilities, rights, and immunities—between ocean carrier and cargo…
Contents of the Plan The ISM Code, supported by the IMO Resolution MSC.428(98), requires ship owners and managers to assess…
Checks to be made before singing bills of lading Description & Condition of Cargo The Master must satisfy himself that…
SOLAS regulation V/34. 1 makes it illegal for a person to compromise the master’s discretion in decision-making. It provides as…
Articles of agreement for employment of seafarer Contractual clauses/terms and conditions Article of agreement is required by every flag. Indian…
LOI (Letter of Idemnity) The practice of discharging the cargo against a LOI (Letter of indemnity) is so common specially…
World Scale Average Freight Rate Assessment (AFRA)
Cargoes whether carried in containers are all still the responsibility of the ship and hence it also needs documentation and…