HULL & MACHINERY

H&M policies protect shipowners against physical loss or damage to the vessel’s hull, machinery & other equipment. The policy may also be endorsed to the benefit of the ship’s mortgagees which is usually the case when a shipowner takes out a bank loan.

Scope of cover:

  • Vessel’s hull, machinery and other equipment
  • Salvage and Salvage charges;
  • General average contribution;

  • Sue and labour;
  • Proportion of Liability for collision with another vessel (3/4ths or 4/4ths);

Shipowner may choose cover to include:

  • Marine Disbursement Insurance
  • Freight Interest Insurance
  • Loss of Hire/Strikes Insurance

  • Mortgagees Interest Insurance
  • War Risks Insurance
  • Kidnap and Ransom Insurance

Let’s talk

Keith Perkins

Senior Hull & Machinery Broker

marine insurance
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Ramon International are conveniently located in the heart of the insurance district of the City of London.

1st Floor, 69 Leadenhall Street
London, EC3A 2DB