Charterers Liability

In today’s Chartering business this sector needs an insurance designed to provide coverage for the liabilities assumed by a party chartering a vessel. Under a charter agreement, also known as Charter Party, the chartering party may be responsible for some liabilities associated with the voyage, like damage to the ship, cargo, and other third parties risks.The Charterer may also have  contract disputes with Owners in matters like Laytime Calculations, etc. For a small premium, a Charterers Liability policy protects the client against these risks. Contact Panamericano so we can provide you with the advise and coverage you need.