Our bunkers additional cover protects charterers against the risk of using off specification bunkers on a chartered vessel, even if the ship's machinery is not damaged. The Club also cover the costs of removing, replacing, and disposing of the bunkers, cleaning the ship's tanks and engines, and associated off-hire costs.
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The purpose of the ICA is to avoid lengthy and costly litigation on matters of liability and apportionment, and instead seeks to provide a ‘rough and ready’ split of liability between the parties. The Clubs recommend to their Members that they adopt the Agreement for the purpose of apportioning liability for claims in respect of cargo which arise under, out of or in connection with all charterparties on the NYPE Form 1946 or Asbatime Form 1981, whether or not this Agreement has been incorporated into such charterparties. However, unless the ICA is specifically incorporated into the charterparty, it may not be enforceable.
QCR Winter 2018: Death of passenger on chartered vessel - When will the time bar be extended to three years under Athens Convention?
Mr Warner chartered a vessel operated by the defendant for the week 11 to 18 August 2012 for the purpose of diving. He died in a diving accident on 14 August 2012. The claimants were his widow and their under aged son, born in November 2011. The claim was lodged on 14 May 2015, more than two years but less than three years after the intended disembarkation, which was agreed to be 18 August 2012. The defendant argued that the claim was time barred.
QCR Autumn 2017: Can Owners recover Kidnap & Ransom insurance premiums from Charterers under BIMCO Piracy Clause?
Can Owners recover Kidnap & Ransom insurance premiums from Charterers under BIMCO Piracy Clause?