The various risks related to voyage including collisions, hull damage, cargo loss, crew injury and many more stimulate shipowners’ and charterers’ concern over protection & indemnity (P&I) for their vessels, crew and voyage. While P&Is could help shipowners and charterers recover some loss across many incidents, it’s impossible to cover everything. In this presentation, Capt. Robert Gordon, marine expert with more than 30 years practicing maritime law will share a comprehensive overview of maritime liabilities and marine insurance. The session will not only explain liabilities and obligations of shipowners, charterers and cargo owners, but also elaboration of salvage costs and general average, loss of income and profits, common policy terms applicable and the risks covered as well as insurance claims settlement.
This 30 minute presentation is a highlight extracted from a 2-hour session with related title (Maritime Liabilities and Marine Insurance), shared by Capt. Robert Gordon at the training programme “Essentials of Shipping” which takes place in Singapore, 1-2 April 2019
- Shipowner loss & liabilities
- Collisions, jetty contacts and groundings
- Hull and engine damage repairs and time lost
- Cargo damage, pollution, crew injury and fatality
- Sinking and total loss
- Charterer liabilities
- Unsafe port and berth claims by shipowners
- Stevedore damage
- Bad bunker damage to ship’s enginers
- Bunker pollution
- Cargo owner loss & liabilities
- Cargo damage, total loss or CTL while in transit
- Cargo theft and piracy
- Exposure to salvage costs and general average (GA)
- Loss of income and profits
- Basic principles of marine insurance as a contract of indemnity
- Global impact of the marine insurance act 1908
- Common policy terms and the risks covered by
- Hull & Machinery (H&M) Insurnace
- Shipowner’s & Charterer’s Protection & Indemnity (P&I) + FD&D
- Cargo Insurance
- Ancillary covers including war, terrorism & piracy
- Insurance claims settlement, subrogation, and recovery claims
Capt. Robert Gordon is a Master Mariner and English Solicitor with over 20 years of sea-going experience on board tankers, bulk carriers, reefers and OSV’s. He practised as a Partner with maritime lawyers, Thomas Cooper in London and later established SEAsia P&I Services together with a network of 20 regional offices throughout Asia. After many years of experience as a maritime lawyer and leading P&I correspondent, he is now actively engaged in providing maritime executive education at NTU, Singapore, and the BI Norwegian Business School, Oslo, as well as claims consultancy to several P&I Clubs.
Robert is IBC Asia’s course directors for a number of maritime and shipping training programmes. His seminars, Essentials of Shipping (Singapore, 1-2 April 2019) and Shipping Law and Contract (Hong Kong, 4-5 April 2019) will provide industry attendees both fundamental and advanced knowledge in the shipping business, trade routes, regulatory compliance and key issues in shipping contracts.
Part of the Training Programme: Essential of Shipping (1-2 April)
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Time: 3 pm (Singapore time, +8 GMT)
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