Archive for May, 2010

Piracy update – EU Council Regulation 356/2010

Further to our update below, we are aware that the EU Council regulation no 356/2010 entered into force on the 28th April. It adopts similar provisions to the US Executive Order prohibiting payments to certain parties linked with Somalia and is directly applicable, in other words it will apply in EU states without the need for any national implementation.   Full story
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Australian Bank Fees Targeted in Massive Class Action

Proposed suits highlight the role being played in the Australian class action market by IMF Ltd., a publicly traded litigation funding company that is basically bankrolling the bank suits Full story

Korban Kecelakaan Tabung LPG 3 Kg Bisa Klaim Asuransi

Korban Kecelakaan Tabung LPG 3 Kg Bisa Klaim Asuransi
JAKARTA - Korban kecelakaan LPG 3 kg bisa mengajukan klaim asuransi. Di mana klaim bisa diajukan untuk kecelakaan diri maupun harta benda. Full story

Harga kapal tongkang naik 16,6%

JAKARTA (Bisnis.com): Kenaikan harga kapal tongkang sebesar 16,6%  akibat lonjakan harga baja belum berpengaruh terhadap rencana perusahaan pelayaran nasional untuk melakukan pengadaan armada jenis ini. Full story

Legal Cost & Expenses Cover for Ship Owners / Operators

Subject to the direction and discretion of the Underwriter, the Assured shall be indemnified by the Underwriter against its reasonable costs and expenses, arising from event occurring during occurring the Period of Insurance and incurred by the Assured in respect of the operation of the Insured Vessel.   Full story

Charterers Liability Cover

Charterers Liability Cover
The Underwriter shall indemnify the Assured Charterer, other than a Charterer by Demise, against those liabilities, losses, cost and expenses, arising from event occurring during occurring the Period of Insurance and incurred by the Assured in respect of the operation of the Insured Vessel. Full story

Protection & Indemnity Cover

The underwriter shall indemnify the Assured against those liabilities, losses, costs and expenses, arising from events occurring during the Period of Insurance and incurred by the Assured in respect of the operation of the Insured Vessel. Full story
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