Posts Tagged ‘washing overboard’

A question some times arise in marine cargo insurance if a claim is attributable to risks of Jettison or Washing over board?       Jettison The deliberate throwing overboard of cargo, or of part of the vessel's superstructure, equipment or stores, in the event of an emergency. Cargo or equipment might be jettisoned to lighten a vessel to relieve it from a strand, to stabilize it during a storm, or to get rid of flammables or explosives during a fire. (Washing overboard is the accidental loss of equipment or cargo overboard due to the action of the elements.)  Full story

Batu bara (Coal) Yang khusus dari Asuransi pengangkutan batu bara adalah sifat dari batu bara (coal) yang dapat terbakar sendiri (spontaneous combustion), moda pengangkutannya yang biasanya dengan tongkang dan tug boat yang sangat rentan terhadap dua risiko utama yaitu shortage dan washing overboard.   Institute Coal Clauses   Mengingat karakterisitik tersebut diatas, Asuransi pengangkutan batu bara harus ditutup dengan kondisi khusus yaitu dengan Institute Coal Clause Full story