SlideShare a Scribd company logo
1 of 8
Riots and cargo insurance
Does classic cargo cover respond to riots, etc? ,[object Object],[object Object],[object Object],[object Object],[object Object],Institute  War  Clauses ( Cargo ) Cl. 25 5 Institute  Strikes  Clauses ( Cargo ) Cl. 25 6 ,[object Object],[object Object],[object Object],[object Object],[object Object],Institute  Cargo  Clauses ( A ) Cl. 25 2 Not on Land!
What if you sell  DDU/DDP inland? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Institute Cargo Clauses (A) Cl. 252 and Institute Strikes Clauses (Cargo) Cl. 256
What if voyage  is terminated? Institute Cargo Clauses (A) Cl. 252 -  Termination of Contract of Carriage Clause  (9) If  owing to circumstances beyond the control of the Assured either  the contract of carriage is terminated at a port or place other than the destination  named therein or the transit is otherwise terminated before delivery of the goods as provided for in Clause 8 above, then  this insurance shall also terminate  unless prompt notice is given to the Underwriters and continuation of cover is requested when the insurance shall remain in force, subject to an additional premium if required by the Underwriters   Bill of Lading vs. Institute Cargo Clauses (A) Cl. 252 MSC uniform bill of lading: 19.1  If at any time the carriage is or is likely to be affected by any  hindrance,  risk , danger, delay, difficulty or disadvantage of whatsoever kind and howsoever arising which cannot be avoided by the Carrier by the exercise of reasonable endeavours, (even though the circumstances giving rise to such hindrance, risk, danger, delay, difficulty or disadvantage existed at the time this contract was entered into or the Goods were received for the carriage) the Carrier may at its sole discretion and without notice to the Merchant and whether or not the carriage is commenced either:  ... (c)  abandon the carriage of the Goods and place them at the Merchant's disposal at any place  or port which the Carrier may deem safe and convenient, or from which the Carrier is unable by the exercise of reasonable endeavours to continue the carriage, whereupon the responsibility of the Carrier in respect of such Goods shall cease...
Possible clauses Delay and Deviation Beyond Assured’s Control Clause: To cover without additional premium the subject-matter insured herein during delays, deviations, changes of voyage, transshipments, which is beyond Insured’s and/or their agents’ control.
[object Object],Can I legally insure in Africa?
Conclusions Talk and ask questions Choose people with experience Demand answers Insurance conditions always   can be amended,  but think about it before buying cover
Thank you

More Related Content

What's hot

What's hot (8)

Delivery service – sortimo equipment
Delivery service – sortimo equipmentDelivery service – sortimo equipment
Delivery service – sortimo equipment
 
Personal injury claims
Personal injury claimsPersonal injury claims
Personal injury claims
 
Introduction
IntroductionIntroduction
Introduction
 
#CompetitividadCAPV María Lasa Irizar International Niche Market Leaders
#CompetitividadCAPV María Lasa Irizar International Niche Market Leaders#CompetitividadCAPV María Lasa Irizar International Niche Market Leaders
#CompetitividadCAPV María Lasa Irizar International Niche Market Leaders
 
CIF presentation
CIF presentationCIF presentation
CIF presentation
 
Hoarding Advertising Agencies in Mumbai - Global Advertisers
Hoarding Advertising Agencies in Mumbai - Global AdvertisersHoarding Advertising Agencies in Mumbai - Global Advertisers
Hoarding Advertising Agencies in Mumbai - Global Advertisers
 
Press statement thc 27 09 16 final
Press statement thc  27 09 16  finalPress statement thc  27 09 16  final
Press statement thc 27 09 16 final
 
The Incidence of Wreck Removal: The Nigerian Perspective
The Incidence of Wreck Removal: The Nigerian PerspectiveThe Incidence of Wreck Removal: The Nigerian Perspective
The Incidence of Wreck Removal: The Nigerian Perspective
 

Viewers also liked (20)

2narayevskiy
 2narayevskiy 2narayevskiy
2narayevskiy
 
3bicknell
 3bicknell 3bicknell
3bicknell
 
Nitsevych melnykov
Nitsevych melnykovNitsevych melnykov
Nitsevych melnykov
 
S1 e3 taran
S1 e3 taranS1 e3 taran
S1 e3 taran
 
S3 e4
S3 e4S3 e4
S3 e4
 
2abuzyarov
 2abuzyarov 2abuzyarov
2abuzyarov
 
Ports of Ukraine: Competition obstacles in stevedoring: reforms de-jure and d...
Ports of Ukraine: Competition obstacles in stevedoring: reforms de-jure and d...Ports of Ukraine: Competition obstacles in stevedoring: reforms de-jure and d...
Ports of Ukraine: Competition obstacles in stevedoring: reforms de-jure and d...
 
4interlegal
 4interlegal 4interlegal
4interlegal
 
4interlegal
 4interlegal 4interlegal
4interlegal
 
S1 e4 skichko
S1 e4 skichkoS1 e4 skichko
S1 e4 skichko
 
Cargo delivery to difficult regions. Recommendations and alerts
Cargo delivery to difficult regions. Recommendations and alertsCargo delivery to difficult regions. Recommendations and alerts
Cargo delivery to difficult regions. Recommendations and alerts
 
O.Losevska I.Movlyak
O.Losevska I.MovlyakO.Losevska I.Movlyak
O.Losevska I.Movlyak
 
шашорин Case study море
шашорин Case study морешашорин Case study море
шашорин Case study море
 
S3 e3
S3 e3S3 e3
S3 e3
 
1batini
 1batini 1batini
1batini
 
S1 e1 shklyar
S1 e1 shklyarS1 e1 shklyar
S1 e1 shklyar
 
S2 e2 nitsevych
S2 e2 nitsevychS2 e2 nitsevych
S2 e2 nitsevych
 
S3 e1
S3 e1S3 e1
S3 e1
 
1derevyankin
 1derevyankin 1derevyankin
1derevyankin
 
S3 e2
S3 e2S3 e2
S3 e2
 

Similar to 2abuzyarov

Avn 98 aviation products grounding and other aviation liabilities insurance
Avn 98 aviation products grounding and other aviation liabilities insuranceAvn 98 aviation products grounding and other aviation liabilities insurance
Avn 98 aviation products grounding and other aviation liabilities insurance
Ridwan Ichsan
 
Hague visby article 1-3
Hague   visby article 1-3Hague   visby article 1-3
Hague visby article 1-3
Manu Singh
 
Insuring Risk in Construction Projects
Insuring Risk in Construction ProjectsInsuring Risk in Construction Projects
Insuring Risk in Construction Projects
Laina Chan
 
Marine ins ppt
Marine ins pptMarine ins ppt
Marine ins ppt
desirana
 
Avn 52 h extended coverage endorsement aviation liabilities
Avn 52 h extended coverage endorsement   aviation liabilitiesAvn 52 h extended coverage endorsement   aviation liabilities
Avn 52 h extended coverage endorsement aviation liabilities
Ridwan Ichsan
 
Logistic insurance ch10 practical marine insurance
Logistic insurance ch10 practical marine insuranceLogistic insurance ch10 practical marine insurance
Logistic insurance ch10 practical marine insurance
Narudh Cheramakara
 
Mib 3.6 marine insurance on 09 10 12 copy
Mib 3.6 marine insurance  on 09 10 12   copyMib 3.6 marine insurance  on 09 10 12   copy
Mib 3.6 marine insurance on 09 10 12 copy
Sanjeev Patel
 

Similar to 2abuzyarov (20)

Marine
MarineMarine
Marine
 
Avn 98 aviation products grounding and other aviation liabilities insurance
Avn 98 aviation products grounding and other aviation liabilities insuranceAvn 98 aviation products grounding and other aviation liabilities insurance
Avn 98 aviation products grounding and other aviation liabilities insurance
 
Hague visby article 1-3
Hague   visby article 1-3Hague   visby article 1-3
Hague visby article 1-3
 
Insurance Law on Reinsurance Insurance Code of the Philippines
Insurance Law on Reinsurance Insurance Code of the PhilippinesInsurance Law on Reinsurance Insurance Code of the Philippines
Insurance Law on Reinsurance Insurance Code of the Philippines
 
Bill of Landing form
Bill of Landing formBill of Landing form
Bill of Landing form
 
Insuring Risk in Construction Projects
Insuring Risk in Construction ProjectsInsuring Risk in Construction Projects
Insuring Risk in Construction Projects
 
Rapid despatch conditions of carriage
Rapid despatch conditions of carriageRapid despatch conditions of carriage
Rapid despatch conditions of carriage
 
Marine ins ppt
Marine ins pptMarine ins ppt
Marine ins ppt
 
Hague visby rules
Hague visby rulesHague visby rules
Hague visby rules
 
Avn 52 h extended coverage endorsement aviation liabilities
Avn 52 h extended coverage endorsement   aviation liabilitiesAvn 52 h extended coverage endorsement   aviation liabilities
Avn 52 h extended coverage endorsement aviation liabilities
 
Lion Underwriting Broadform Liability Policy
Lion Underwriting Broadform Liability PolicyLion Underwriting Broadform Liability Policy
Lion Underwriting Broadform Liability Policy
 
Marine Cargo Insurance
Marine Cargo InsuranceMarine Cargo Insurance
Marine Cargo Insurance
 
Dietl T&C
Dietl T&CDietl T&C
Dietl T&C
 
Important conditions in marine policy
Important conditions in marine policyImportant conditions in marine policy
Important conditions in marine policy
 
Marine Insurance
Marine InsuranceMarine Insurance
Marine Insurance
 
Logistic insurance ch10 practical marine insurance
Logistic insurance ch10 practical marine insuranceLogistic insurance ch10 practical marine insurance
Logistic insurance ch10 practical marine insurance
 
Insurance
InsuranceInsurance
Insurance
 
Two Wheeler Long Term Package Policy By Edelweiss GI
Two Wheeler Long Term Package Policy By Edelweiss GITwo Wheeler Long Term Package Policy By Edelweiss GI
Two Wheeler Long Term Package Policy By Edelweiss GI
 
Two Wheeler Long Term Package By Edelweiss General Insurance
Two Wheeler Long Term Package By Edelweiss General InsuranceTwo Wheeler Long Term Package By Edelweiss General Insurance
Two Wheeler Long Term Package By Edelweiss General Insurance
 
Mib 3.6 marine insurance on 09 10 12 copy
Mib 3.6 marine insurance  on 09 10 12   copyMib 3.6 marine insurance  on 09 10 12   copy
Mib 3.6 marine insurance on 09 10 12 copy
 

More from Eugene Tkachenko

Развитие грузоперевозок по реке Днепр
Развитие грузоперевозок по реке ДнепрРазвитие грузоперевозок по реке Днепр
Развитие грузоперевозок по реке Днепр
Eugene Tkachenko
 
ФУМИГАЦИЯ грузов в транзите: регулирование и правовые особенности
ФУМИГАЦИЯ грузов в транзите: регулирование и правовые особенностиФУМИГАЦИЯ грузов в транзите: регулирование и правовые особенности
ФУМИГАЦИЯ грузов в транзите: регулирование и правовые особенности
Eugene Tkachenko
 
Успішна інвестиційна історія БУНГЕ на Миколаївщині: досягнення та виклики.
Успішна інвестиційна історія БУНГЕ на Миколаївщині: досягнення та виклики.Успішна інвестиційна історія БУНГЕ на Миколаївщині: досягнення та виклики.
Успішна інвестиційна історія БУНГЕ на Миколаївщині: досягнення та виклики.
Eugene Tkachenko
 
Высокие портовые сборы как сдерживающий фактор для развития экспорта из Украины
Высокие портовые сборы как сдерживающий фактор для развития экспорта из УкраиныВысокие портовые сборы как сдерживающий фактор для развития экспорта из Украины
Высокие портовые сборы как сдерживающий фактор для развития экспорта из Украины
Eugene Tkachenko
 

More from Eugene Tkachenko (20)

Шотландские партнерства под прицелом?
Шотландские партнерства под прицелом?Шотландские партнерства под прицелом?
Шотландские партнерства под прицелом?
 
Международные платежи и регулирование в современной банковской системе
Международные платежи и регулирование в современной банковской системеМеждународные платежи и регулирование в современной банковской системе
Международные платежи и регулирование в современной банковской системе
 
Осторожно - Внешнеэкономические санкции в Украине
Осторожно - Внешнеэкономические санкции в УкраинеОсторожно - Внешнеэкономические санкции в Украине
Осторожно - Внешнеэкономические санкции в Украине
 
Обмен информацией и создание существенного присутствия (CRS, BEPS, Substance).
Обмен информацией и создание существенного присутствия (CRS, BEPS, Substance). Обмен информацией и создание существенного присутствия (CRS, BEPS, Substance).
Обмен информацией и создание существенного присутствия (CRS, BEPS, Substance).
 
Новости Кипра – компании и банковские счета
Новости Кипра – компании и банковские счетаНовости Кипра – компании и банковские счета
Новости Кипра – компании и банковские счета
 
Использование нерезидентных компаний украинским бизнесом
Использование нерезидентных компаний украинским бизнесомИспользование нерезидентных компаний украинским бизнесом
Использование нерезидентных компаний украинским бизнесом
 
Вопросы безопасности: что нужно знать при обыске, выемке, проверке и негласны...
Вопросы безопасности: что нужно знать при обыске, выемке, проверке и негласны...Вопросы безопасности: что нужно знать при обыске, выемке, проверке и негласны...
Вопросы безопасности: что нужно знать при обыске, выемке, проверке и негласны...
 
Защита активов в Украине: построение холдингов, акционерные соглашения
Защита активов в Украине: построение холдингов, акционерные соглашенияЗащита активов в Украине: построение холдингов, акционерные соглашения
Защита активов в Украине: построение холдингов, акционерные соглашения
 
Программы вида на жительство на Мальте
Программы вида на жительство на МальтеПрограммы вида на жительство на Мальте
Программы вида на жительство на Мальте
 
Трансфертное ценообразование в Украине: практика 2016
Трансфертное ценообразование в Украине: практика 2016Трансфертное ценообразование в Украине: практика 2016
Трансфертное ценообразование в Украине: практика 2016
 
Развитие грузоперевозок по реке Днепр
Развитие грузоперевозок по реке ДнепрРазвитие грузоперевозок по реке Днепр
Развитие грузоперевозок по реке Днепр
 
ФУМИГАЦИЯ грузов в транзите: регулирование и правовые особенности
ФУМИГАЦИЯ грузов в транзите: регулирование и правовые особенностиФУМИГАЦИЯ грузов в транзите: регулирование и правовые особенности
ФУМИГАЦИЯ грузов в транзите: регулирование и правовые особенности
 
Emergency response center
Emergency response centerEmergency response center
Emergency response center
 
Перевалка грузов в малых портах Украины
Перевалка грузов в малых портах УкраиныПеревалка грузов в малых портах Украины
Перевалка грузов в малых портах Украины
 
Успішна інвестиційна історія БУНГЕ на Миколаївщині: досягнення та виклики.
Успішна інвестиційна історія БУНГЕ на Миколаївщині: досягнення та виклики.Успішна інвестиційна історія БУНГЕ на Миколаївщині: досягнення та виклики.
Успішна інвестиційна історія БУНГЕ на Миколаївщині: досягнення та виклики.
 
Shipments of grain by-products from the Ukrainian ports
Shipments of grain by-products from the Ukrainian portsShipments of grain by-products from the Ukrainian ports
Shipments of grain by-products from the Ukrainian ports
 
Grain shipments to Turkey, Middle East and North Africa
Grain shipments to Turkey, Middle East and North AfricaGrain shipments to Turkey, Middle East and North Africa
Grain shipments to Turkey, Middle East and North Africa
 
Long term freight commitment and counterparty risk on the depressed market
Long term freight commitment and counterparty risk on the depressed marketLong term freight commitment and counterparty risk on the depressed market
Long term freight commitment and counterparty risk on the depressed market
 
Какие суда могут повысить эффективность морских перевозок зерна
Какие суда могут повысить эффективность морских перевозок зернаКакие суда могут повысить эффективность морских перевозок зерна
Какие суда могут повысить эффективность морских перевозок зерна
 
Высокие портовые сборы как сдерживающий фактор для развития экспорта из Украины
Высокие портовые сборы как сдерживающий фактор для развития экспорта из УкраиныВысокие портовые сборы как сдерживающий фактор для развития экспорта из Украины
Высокие портовые сборы как сдерживающий фактор для развития экспорта из Украины
 

Recently uploaded

What is social media.pdf Social media refers to digital platforms and applica...
What is social media.pdf Social media refers to digital platforms and applica...What is social media.pdf Social media refers to digital platforms and applica...
What is social media.pdf Social media refers to digital platforms and applica...
AnaBeatriz125525
 
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
Khaled Al Awadi
 

Recently uploaded (20)

What is social media.pdf Social media refers to digital platforms and applica...
What is social media.pdf Social media refers to digital platforms and applica...What is social media.pdf Social media refers to digital platforms and applica...
What is social media.pdf Social media refers to digital platforms and applica...
 
Using Generative AI for Content Marketing
Using Generative AI for Content MarketingUsing Generative AI for Content Marketing
Using Generative AI for Content Marketing
 
How to Maintain Healthy Life style.pptx
How to Maintain  Healthy Life style.pptxHow to Maintain  Healthy Life style.pptx
How to Maintain Healthy Life style.pptx
 
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
 
Series A Fundraising Guide (Investing Individuals Improving Our World) by Accion
Series A Fundraising Guide (Investing Individuals Improving Our World) by AccionSeries A Fundraising Guide (Investing Individuals Improving Our World) by Accion
Series A Fundraising Guide (Investing Individuals Improving Our World) by Accion
 
Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)
 
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdfبروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
 
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdfInnomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
 
Cracking the Change Management Code Main New.pptx
Cracking the Change Management Code Main New.pptxCracking the Change Management Code Main New.pptx
Cracking the Change Management Code Main New.pptx
 
FEXLE- Salesforce Field Service Lightning
FEXLE- Salesforce Field Service LightningFEXLE- Salesforce Field Service Lightning
FEXLE- Salesforce Field Service Lightning
 
Pitch Deck Teardown: Terra One's $7.5m Seed deck
Pitch Deck Teardown: Terra One's $7.5m Seed deckPitch Deck Teardown: Terra One's $7.5m Seed deck
Pitch Deck Teardown: Terra One's $7.5m Seed deck
 
Creative Ideas for Interactive Team Presentations
Creative Ideas for Interactive Team PresentationsCreative Ideas for Interactive Team Presentations
Creative Ideas for Interactive Team Presentations
 
How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?
 
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
Unleash Data Power with EnFuse Solutions' Comprehensive Data Management Servi...
 
HR and Employment law update: May 2024.
HR and Employment law update:  May 2024.HR and Employment law update:  May 2024.
HR and Employment law update: May 2024.
 
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
 
The Inspiring Personality To Watch In 2024.pdf
The Inspiring Personality To Watch In 2024.pdfThe Inspiring Personality To Watch In 2024.pdf
The Inspiring Personality To Watch In 2024.pdf
 
HAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future ProspectsHAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future Prospects
 
Stages of Startup Funding - An Explainer
Stages of Startup Funding - An ExplainerStages of Startup Funding - An Explainer
Stages of Startup Funding - An Explainer
 
Event Report - IBM Think 2024 - It is all about AI and hybrid
Event Report - IBM Think 2024 - It is all about AI and hybridEvent Report - IBM Think 2024 - It is all about AI and hybrid
Event Report - IBM Think 2024 - It is all about AI and hybrid
 

2abuzyarov

  • 1. Riots and cargo insurance
  • 2.
  • 3.
  • 4. What if voyage is terminated? Institute Cargo Clauses (A) Cl. 252 - Termination of Contract of Carriage Clause (9) If owing to circumstances beyond the control of the Assured either the contract of carriage is terminated at a port or place other than the destination named therein or the transit is otherwise terminated before delivery of the goods as provided for in Clause 8 above, then this insurance shall also terminate unless prompt notice is given to the Underwriters and continuation of cover is requested when the insurance shall remain in force, subject to an additional premium if required by the Underwriters Bill of Lading vs. Institute Cargo Clauses (A) Cl. 252 MSC uniform bill of lading: 19.1 If at any time the carriage is or is likely to be affected by any hindrance, risk , danger, delay, difficulty or disadvantage of whatsoever kind and howsoever arising which cannot be avoided by the Carrier by the exercise of reasonable endeavours, (even though the circumstances giving rise to such hindrance, risk, danger, delay, difficulty or disadvantage existed at the time this contract was entered into or the Goods were received for the carriage) the Carrier may at its sole discretion and without notice to the Merchant and whether or not the carriage is commenced either: ... (c) abandon the carriage of the Goods and place them at the Merchant's disposal at any place or port which the Carrier may deem safe and convenient, or from which the Carrier is unable by the exercise of reasonable endeavours to continue the carriage, whereupon the responsibility of the Carrier in respect of such Goods shall cease...
  • 5. Possible clauses Delay and Deviation Beyond Assured’s Control Clause: To cover without additional premium the subject-matter insured herein during delays, deviations, changes of voyage, transshipments, which is beyond Insured’s and/or their agents’ control.
  • 6.
  • 7. Conclusions Talk and ask questions Choose people with experience Demand answers Insurance conditions always can be amended, but think about it before buying cover