The pressing risk of piracy: addressing the consequences
A general discussion on how to manage the risk, insurance implications, GA issues, the effect of piracy on the chartered voyage, and what practical steps have or could be taken by owners and governments in the international scene.
The risk of piracy – update on the international scene
Insurance issues: Is payment of ransom wise and legal? Is it recoverable? If so, who is liable to pay it?
* General Average issues
* Effect of piracy on the chartered voyage: insured and uninsured risks
* Hull/cargo war risks: insurers’ perspective – ship/cargo safety
* P & I insurer’s perspective – crew safety
Members: read the full notes here