Ship surveys ordered by hull underwriters are to be extended to cover bunker management in a major crackdown on a rising tide of catalytic fines-related engine-damage claims.
The London insurance market’s influential Joint Hull Committee (JHC) is adding a specific requirement for surveyors to include bunker handling in the widely used JH10 condition survey wording.
The move will make compliance with recommendations to minimise the risk of cat fines-related claims a “condition precedent” of hull policies and means owners who flout the advice could face problems if they need to make a claim.
The
