The pressing risk of piracy: addressing the consequences

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

Chair:Spyros Polemis, Chairman, International Chamber of Shipping
Panellists:Joe O’Keeffe - Ince & Co
Stephen Askins - Ince & Co
Neil Roberts - Lloyds Market Association
William Beveridge - Arch Insurance
Stephen Martin - Steamship insurance Management Services Ltd
Nigel Rogers - Rogers Wilkins Ahern LLP (for the forum discussion)
Venue:Ince & Co
Time:6pm - 8pm
CPD Points:2