A long history of providing liability insurance for owners and operators of tugs and barges.
P&I insurance provides cover against a wide range of events, including damage to other vessels or structures; pollution; damage to or loss of cargo; injury or illness of crew and third-party personnel; wreck removal; etc. However, analysis of claims over the past twenty years identifies clear trends occurring within this specific trade.
This Risk Focus is intended to promote best practice covering vessel owners and operators with tugs and barges.
It is informative and not directional in nature. It does not present legal advice. Vessel owners and operators must refer to and comply with Flag State and Classification Society Rules and Guidelines, as applicable, and as directed by the applicable Administration and Recognised Organisations.
Full advisory at the following link.