Description
This webinar helps delegates to gain insights into the principles of collision law, insurance coverage, and practical claim handling. By exploring real-world scenarios and key legal concepts, delegates will enhance their ability to manage collision-related challenges effectively.
What you will learn
Objectives
By the end of this session you will be able to:
- Identify what a vessel might make contact with
- Explain the principles of the Collision Convention and the Collision Regulations
- Describe how shipowners can choose to insure contact related risks
- Explain key terms such as contact, allision and fixed and floating objects
- Explain how a typical contact related claim can be handled including the interaction between hull & machinery and P & I.
Course Contents
- What might a vessel crash into?
- Fixed objects
- Floating objects
- On what basis might a ship be responsible for damage to other property or personal injury/death?
- Comparative fault
- Basic provisions of the Collision Regulations
- When might a vessel be 100% responsible
- Inevitable accident
- Agony of the moment
- What will they be responsible for
- Loss or damage
- Loss of use
- Personal injury/death
- Pollution
- Wreck removal
- GA/salvage costs
- How might a shipowner insure these risks
- What can hull insurers cover?
- Difference between English and Nordic clauses
- 3/ 4 v 4/4
- Vessel v FFO
- What hull always excludes
- Non contact damage
- Wreck removal
- Personal injury
- What do typical P & I rules say?
- Post loss practicalities
- Issuance of guarantees
o Limitation actions
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