Marine Insurance article

HISTORICAL MARITIME FRAUD DRILLING OIL RIG CENDOR MOPU, MARINE INSURANCE – INHERENT VICE- A BOON OR LOSS It is not uncommon for hull and cargo underwriters to reject claims by…

Marine Insurance is a vital component of modern-day commerce that provides protection and peace of mind to businesses and individuals involved in transportation of goods across various modes of conveyance.…

International Maritime Organisation (IMO) adopted two resolutions in November, 2003 on the issue of   “ Places  of Refuge “ for  ships in distress.  When  any ship is in distress condition…

SS ARMISTAN: BILL OF LADING, AGREEMENT, LIBEL OR AN ESTOPPLE? A bill of lading (BL or BoL) is a legal document issued by a carrier (transportation company) to a shipper…

The Indian insurance industry faces multiple challenges today. One of them is the issues involved in moving from a tariff to a detariff market. The last experience, when marine insurance…

Marine insurance plays a vital role in global trade, providing protection against risks associated with the transportation of goods by sea. It serves as a safeguard for businesses involved in…

The global push towards renewable energy sources has initiated not only a transformation of the energy landscape, but also a profound shift in the insurance industry. As the world recognizes…

On August 1781, a British slave ship, S.S. Zong (110 tons Square Stern Ship: Registered at Liverpool, UK; Ship’s Hull and Cargo Insured by Lloyds of London) left Ghana with…

History, as we all know, is like a memory book, which records all the events of our past; so that we can go back to it, learn from its consequences,…

“Some of the vessels on which the Insurance brokers have secured insurance will be the colour of rust inside. That rust may be no thin veneer of oxidation but wastage…