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All important additions and changes have been shown. The new Rules include several variations in the text when compared to the and releases. A must-have publication for every party of the maritime insurance process. The content of the present report is focusing on the established good practices and also covers the innovative interventions that are intended to improve the labor conditions on board ships and to protect the people employed in this sector of marine industry.
It is following the report by the ILO that was released back in and addressed the trafficking and forced labor in fisheries.
Subject report provided information about the knowledge about human trafficking and forced labor today together with the existing legal and institutional frameworks involved. The fishing sector of marine industry is known for the work deficits. Though majority of the companies operating fishing vessels work compliant with the legal frameworks and commonly avoid serious work deficits, there still have been some cases that tarnished the overall reputation of this sector.
This shall be given particular attention taking into account the economic importance of the fishing industry both from the employment and food security perspective. Even though the main focus is made on Asian region, actually the cases of forced labor and human trafficking take place worldwide. According to ILO, more than twenty million people are engaged in forced labor The incidents occurring at sea are normally very complex; moreover, they are complicated and consuming much time.
Such maritime incidents happen without any prior warning and therefore people on board shall be able to make decisions quick enough as their actions have a direct impact on the subsequent handling of any incident. This, in turn, will affect the merits of the associated liabilities and claims. The officers and crew members of the vessels are people who are affected in the first turn, together with the shore-based personnel considered responsible for the emergency response.
Though the members of the team may possess different practical experience, they all need to step in and get the situation under control. The content of this guidebook issued by the GARD is divided in four major sections.
The first section provides information about the categories of claims including bunker and cargo claims, collision and people claims, general average and pollution claims, dangerous goods and FFO claims and others - literally all of them. Three other sections of the book cover safe ports claims such as salvage, towage, and wreck removal claims and also addresses the limitation of liability, frustration and other aspects.
Two remaining sections deal with the principles and structure of the insurance, and claims management. In short, this is an excellent training and reference tool. This is a very compact yet quite informative and useful booklet intended to give readers a brief introduction to the marine cargo open policy. The content of the paper is arranged in twelve separate chapters. The first chapter gives a general introduction while the two following chapters detail the important definitions and working principles of terms of sale.
The advantages of the above mentioned policy is addressed in the fifth chapter. The remaining chapters of the document are dealing with the insurance period and coverage, policy extensions and declaring methods plus lower premiums. Two closing chapters will give you the information about the charging premiums under the policies and they also explain the advantages of insuring in NZ.
The specimen proposal form is provided for easy reference in the appendix to the main body of the booklet. In short, the publication will be useful to the people who need to have an idea of the subject with no need to get into the detailed analysis, and as such may be recommended to a broad readership - the explanations are plain and easy to read.
As we know, this is one of the oldest forms of insurance forming an integral part of world trade and commerce. It is mainly concerned with the inland transits, imports and exports. There are several transit modes available.
The increase in the maritime trade is commonly accompanied with the significantly increased need for the insurance - in addition to that, more vessels are required for transporting the goods. This training presentation will give you a good understanding of what the insurance is and how it shall be dealt with. Starting with the general introductory slides, the content then addresses the international marine insurance market, documentation required for import and export, insurable interest and measure of insurable value, indemnity, valued and unvalued policy, marine declaration form, and other important areas.
Virtually all topics have been covered by the authors of this training resource including different policies, underwriting and rating of marine insurance, duration of cover and many others.
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