• Contact Us
IPANDI IPANDI
FacebookInstagramLinkedin

  • Home
  • The Club
    • IPANDI
      • HISTORY
      • THE CLUB’S OUTLOOK
      • MANAGEMENT OFFICES
      • In Memory of The Founder
    • OIC
    • OISA
  • Services
    • Protection & Indemnity
    • FD&D
    • Charterers’ Liability
    • War Risk
    • Hull & Machinery
    • Other Services
      • Bluecard
      • NWRC
      • MLC
      • Extension MLC
  • Membership
  • Correspondents
  • Notices and Circulars
  • LIBRARY
  • MEDIA
    • News
    • Photo Gallery
Charterers’ Liability

Charterers’ Liability

Home>Charterers’ Liability
Charterers’ Liability root 2017-10-17T10:50:15+00:00

Our Services

  • Protection & Indemnity
  • FD&D
  • Charterers' Liability
  • War Risk
  • Hull & Machinery

The “charterer’s liability insurance” is a type of marine insurance. Most ships are chartered either on a time charter or voyage charter contract. In both cases the charterer assumes liabilities towards the shipowner because of damage caused to the ship in the course of cargo-handling or because of damage resulting from an unsafe port or berth. And also, the charterer becomes liable similarly to the shipowner, with P&I liability to cargo, pollution claims and etc. All charterers require cover for both damage to hull and other P&I liabilities. The so-called “charterer’s liability insurance” provides coverage for such risks.

Claims may arise in a variety of circumstances, such as when a charterer instructs a shipowner to load a cargo that unexpectedly damages a vessel’s cargo holds, or when a charterer orders a vessel to an unsafe berth which leads to grounding damage.

Charterers can find themselves with a liability for many P&I risks, but cargo claims are the most common area of exposure.

Scope of Cover

The terms of the cover are based on the Owners’ P&I Rules and the add-on for traders and cargo owners.

It includes:

– Cargo
– Pollution
– Personal injury
– Damage to hull
– Salvage
– Detention and similar delay
– Damage to other property
– Freight and bunkers contribution to general average
– War risks (including terrorism)
– Fines (customs, immigration and accidental pollution)
– Wreck removal

ABOUT THE CLUB

IPIC is a venture amongst 57 Islamic countries to provide liability insurance for shipowners worldwide. The idea of establishing such venture was approved by OISA members in the 9th General Assembly in Nov. 1996 held in Tunisia. The club has since been both raising awareness about the need for P&I covers for shipowners, as well as fulfilling this need both within and without the Middle-east.

COPYRIGHT © 2018 ISLAMIC P&I CLUB.

Contact Us

Off. 408, Block B, Al Hudaiba Awards Bldg., Jumeirah Rd.,
Union House Sq., Dubai, UAE
P.O. Box: 181891
Tel: +971 4 385 7004
Fax: +971 4 385 7011

Email: info@ipandi.club
Website: www.ipandi.club

Stay Connected

Sign Up below to receive latest updates about us.

IPANDI
  • search
  • Home
  • The Club
    • IPANDI
      • HISTORY
      • THE CLUB’S OUTLOOK
      • MANAGEMENT OFFICES
      • In Memory of The Founder
      • Back
    • OISA
    • OIC
    • Back
  • Services
    • Protection & Indemnity
    • FD&D
    • Charterers’ Liability
    • War Risk
    • Hull & Machinery
    • Other Services
      • Bluecard
      • NWRC
      • MLC
      • Extension MLC
      • Back
    • Back
  • Media
    • News
    • Photo Gallery
    • Back
  • Membership
  • Notices and Circulars
  • Correspondents
  • LIBRARY
  • Members Area
  • Contact Us
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Accept