Insurance

Insurance is a contract between two parties, the insurer and the insured, where the insurer agrees to compensate the insured for any loss or damage to their property or person in exchange for a premium. In the maritime context, insurance is crucial for shipowners, cargo owners, and other parties involved in maritime trade to protect themselves against the risks of loss or damage to their vessels, cargo, or other property. Maritime insurance can cover a wide range of risks, including damage to the ship, loss of cargo, liability for damage to third parties, and even piracy. The most common types of maritime insurance are hull and machinery insurance, protection and indemnity insurance, and cargo insurance.

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Injuries: Injuries refer to physical harm or damage caused to a person's body as a result of an accident or incident. In the maritime context, injuries can occur due to various reasons such as slips, trips, falls, collisions, fires, explosions, and m ... Read More >>
Drilling Equipment: Drilling equipment refers to the machinery and tools used in the process of drilling for oil, gas, or water in the maritime industry. This includes various types of drilling rigs, such as jack-up rigs, semi-submersible rigs, and drillships, ... Read More >>
Maritime Activities: Maritime activities refer to any human activity that takes place on or near the sea, ocean, or any other navigable waterway. These activities can include transportation of goods and people, fishing, offshore oil and gas exploration and prod ... Read More >>

Insurance

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