Both-to-Blame Collision Clause

If two sea vessels collide then, in some instances, the Both-to-Blame Collision Clause comes into effect.  This clause is detailed on the Bills of Lading of the Carriers concerned, usually Read more…

Institute Cargo Clauses: Inclusions and Omissions

INSTITUTE CARGO CLAUSES (LMA/IUA) 2009 History The introduction of the 1982 Clauses was a radical step that finally liberated cargo policies from the old S.G. Policy (the second schedule to Read more…

Concept of Utmost good faith in Transit Insurance

The function of Transit insurance (and all insurance actually) is to transfer the risk of physical loss/damage, liability arising from ownership or interest in the property to the insurers.  The Read more…

Marine Insurance Institute Cargo Clauses A, B and C

Any contract where the shipper pays for the marine insurance, under CIP or CIF for example, needs to consider what type of insurance cover they are paying for and to Read more…