Shipowners' liabilities (SOL) is a tailored cover against deviation from the standard route or the agreed bill of lading where there is cargo liability exposure. We can cover specific incidents of deviations from the bill of lading but an inclusive SOL cover can provide for liberties to deviate under the policy period. A SOL policy essentially replaces or buys back standard P&I cover with a fixed premium cover, typically with a limit of between US$10-50 million.
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Press Release: UK P&I Club advises on actions shipowners can take in the event of stowaways
Stowaways onboard ships can often be a cause of significant costs for shipowners. Amanda Hastings, UK P&I Club Claims Executive, reviews shipowners' liabilities and advises on the relevant actions to take to reduce incidents of stowaways.
Financial Security Arrangements - FAQ updated Sept 2018 International Group FAQs for Members
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QCR Summer 2020: HARMONY INNOVATION SHIPPING PTE LTD v CARAVEL SHIPPING INC (THE “UNIVERSAL BREMEN”)
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