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Shipbuilder's risks

Where an accident has occurred or a problem is detected during the construction of a vessel, shipbuilders face reduced cash flow, pressure on profit margins and customer dissatisfaction.

We offer a comprehensive service to help shipbuilders and their insurers ensure that insurance claims are settled speedily and amicably.

Before a casualty

Following a pre-risk survey by our group’s qualified engineers, we can advise on wording of insurance contracts and establish contingency plans.

After a casualty

We will advise on the potential liability of the insurers, analyse the likely problem areas, recommend interim payments and adjust the claim in a clear format according to recognised principles, to ensure prompt settlement.

Our experience enables us to tailor our services to the requirements of an individual yard and the circumstances of a particular claim. We will gain a rapid understanding of a yard’s accounting and operational procedures and liaise closely with a yard’s insurance advisers.

Our job is to ensure that the inevitable disruption to the shipbuilders’ business resulting from a casualty is kept to an absolute minimum. Cash flow will be protected and management time saved.

Key Contacts

Andrew Paton
Director - Marine

Tel +44 151 235 5567
Mobile +44 7798 775 075
Email andrew.paton@rhl-ct.com

Richard Cornah
Chairman

Tel +44 151 235 5554
Mobile +44 7785 948 830
Email richard.cornah@rhl-ct.com

Benson Chiu
Managing Director - Greater China, Head of North Asia

Tel +852 2399 6188
Mobile +852 9831 2812
Email benson.chiu@ctplc.com

Paul Silver
Managing Director, Marine

Tel +44 20 7015 2046
Mobile +44 7785 948 832
Email paul.silver@rhl-ct.com

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RHL Latest Publications

An adjusters’ note on substituted expenses and ransom payments – “The Longchamp”

The Court of Appeal has reversed the 2014 High Court judgement that crew wages and fuel consumed during lengthy ransom negotiations with Somali pirates could be allowed as general average under Rule F of the York Antwerp Rules. This article provides insight into both the High Court and Court of Appeal decisions, and clarifies the test for establishing an allowance under Rule F.

"Environmental liabilities in particular average - Part 2"
Situations in which pollution-related costs can be recovered in general average (GA) have been discussed in our previous article, "Environmental liabilities in general average - Part 1". We will now consider when the costs of cleaning up pollution in dry-dock may be  covered by particular average (PA).

"Environmental liabilities in general average - Part 1

The liability aspect of environmental costs falls traditionally within the ambit of P&I cover. However, there can be situations whereby such costs can be recovered as either general average (GA) or particular average (PA) from property insurers. This article will consider the topic from a GA point of view.

 

Click the link below to view further douments and publications from Richards Hogg Lindley.