 |
Fire or explosion on land |
A fire in a warehouse or in a
loading facility could delay the loading or discharge of a cargo. |
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Extraordinary
weather |
Severe and
unseasonal weather conditions could result in a port being closed
leaving vessels waiting in the roads. |
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Earthquake, heave,
landslip, subsidence or volcanic eruption |
As was experienced
at the port of Kobe in Japan, an earthquake can even shake the very
foundations of a port facility, putting it out of action for some
time. |
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Contact with aircraft,
helicopters or similar objects |
Although perhaps a remote risk
this cover is normally given for objects
falling and damaging the ship, but here it only has to be proven
that there has been a delay to the ship or loading / discharging
operations for the cover to respond. |
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Overturning or capsize of conveyance |
A vessel's departure could be held up if cargo is delayed following a
train derailment. |
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Emergency port closure |
This
could be following an oil spillage where the port is closed whilst clean-up operations
take place. |
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ITC Hull and Machinery perils (these can be
substituted with the perils of other international marine hull
clauses, like for example, the Norwegian Plan, German DTV
Clauses or American Institute Hull clauses) |
The daily insured sum for this peril is usually covered on a “fixed
and agreed basis”. This is the cover you would expect to find under a
traditional Loss of Hire policy. |
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|
Abnormal physical obstruction of a
berth |
Some
vessels, like LNG's, require specific berths to operate
from. An obstruction of such a berth, for example, a sunken vessel
or part of a damaged crane could prevent
the vessel from berthing. |
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|
Master's refusal |
If the master of a vessel feels that entering a port might put the
vessel in danger this might result in cargoes having to be transhipped
or held up for long periods of time. |
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|
Acts of Piracy |
Damage
caused by pirates would be covered under another section of this
cover. But if no damage occurred, but nevertheless the vessel was
delayed, the policy would still respond. |
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|
Rescuing of refugees |
Delays
caused by a diversion to rescue refugees or other life saving
operations. |
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|
Border closure |
These
perils could loosely be put together as political perils and for
operators trading to some regions would give peace of mind. |
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Expropriation |
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The imposition of import or
export controls |
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Arrest, restraint under
quarantine regulations |
A health
authority could quarantine a vessel preventing any movement of
cargo, thus delaying the vessel. |
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|
Infectious diseases or
poisoning on board |
Infections can be quickly spread through air conditioning or water
supply plant and operators know to their cost that this can
result in several days of trade disruption. |
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|
Illness, death or injury |
Crew illness or a fatality on board could lead to the vessel being
diverted. |
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Discovery of stowaways |
Severe delays can follow as a consequence of stowaways being found on
board. |
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Detention following actual or
alleged pollution |
Delays can be significant whilst an authority investigates a pollution
incident. |
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|
Drug delay |
Authorities across the world are clamping down on illegal drug
imports, an innocent operator could end up with lengthy delays whilst
a vessel is inspected or detained. |
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|
Oil or Chemical pollution |
A spill in a busy shipping lane could result in the
area being closed whilst the clean-up operation takes place. |
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Blocking and Trapping |
This peril
relates to "warlike acts". This cover, provided on a
limited basis, could give operators passing through the Suez Canal
some peace of mind. |
