LNG Conditions of Use (COU)
The Club is the leading liability underwriter for LNG and LPG gas vessels and assists Members by reviewing terminal use contracts. Many contracts include liabilities which fall outside the Group standard cover and the UK Club offers an additional cover of $150 million to meet Members’ needs when signing indemnities.
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The additional cover is offered at no additional premium.
Carrying Deck Cargo - at whose risk?
The UK Club routinely advises Members on the implications of proposed carriage of cargo on deck. The Club usually advises on both the contractual aspects, i.e. risk allocation under the Bills of Lading and Charterparties, as well as from a loss prevention/ or practical perspective. Carriage of cargo on deck exposes the cargo to a variety of extra risks from the elements, such as sea-spray and wind, as well as the potential risk of being washed off or falling overboard due to bad weather conditions or inadequate lashing/stabilising. Depending on the cargo, there may also be issues with the stability of the vessel itself, for example, the carriage of wing blades on top of hatch covers.
Loss Prevention Programme
Our risk management programme combines practical solutions that address members' needs and claims experience with research into the wider issues that impact directly on P&I insurance and the Club's exposure to claims. Download contact details for the team.