Classification

Aug 20, 20232 min read

Hull insurance and Class rules

Classification societies provide a system of assurance for the insurers. Hull policies are often subject to the vessels maintaining...

Apr 11, 20211 min read

What is 'average damage' affecting ship's Classification?

Ship S&P agreements are usually subject to a vessel being “free of average damage affecting vessel’s class”. Not every kind of damage...

Dec 31, 20201 min read

Cargo insurance, Institute Classification Clauses & ship's Class

Classification of a vessel with a member society of IACS is usually considered as a yardstick by insurers to judge whether the risk can...

Jun 1, 20201 min read

Immunity for Classification Societies?

In more than 250 yr history of classification societies, there have been very few decisions in which Class has been held liable by...

Mar 31, 20191 min read

Bareboat charterers & class certificates

Are Bareboat charterers under an absolute obligation to maintain vessel’s class or merely have to take steps to reinstate expired class...

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