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  2. Marine surveyor - Wikipedia

    en.wikipedia.org/wiki/Marine_surveyor

    Marine surveying is closely associated with marine insurance, damage and salvage, and accident and fraud investigation as insurers generally rely on the specific training and skills of a marine surveyor to perform a detailed assessment of the condition of a vessel. Marine surveyors may be hired on a fee basis by customers seeking insurance ...

  3. Great Lakes Insurance SE v. Raiders Retreat Realty Co., LLC

    en.wikipedia.org/wiki/Great_Lakes_Insurance_SE_v...

    Great Lakes Insurance is a marine insurance company organized in Germany and headquartered in the United Kingdom. Raiders Retreat Realty Co. is an LLC based in Pennsylvania. From 2007 until 2019, Great Lakes insured a yacht owned by Raiders for up to $550,000. As a part of the agreement, the parties included a choice-of-law clause in their ...

  4. Marine insurance - Wikipedia

    en.wikipedia.org/wiki/Marine_insurance

    Marine insurance traditionally formed the majority of business underwritten at Lloyd's. Nowadays, Marine insurance is often grouped with Aviation and Transit (cargo) risks, and in this form is known by the acronym 'MAT'. It is common for marine insurance agencies to compete with the offerings provided by local insurers.

  5. Bareboat charter - Wikipedia

    en.wikipedia.org/wiki/Bareboat_charter

    In a bare-boat or demise charter, on the other hand, the owner gives possession of the ship to the charterer, and the charterer hires its own master and crew. The bare-boat charterer is sometimes called a "disponent owner". The giving up of possession of the ship by the owner is the defining characteristic of a bareboat or demise charter.

  6. Mike Lynch sunken superyacht could cost insurers massively ...

    www.aol.com/mike-lynch-sunken-superyacht-could...

    Oscar Seikaly, CEO of broker NSI Insurance Group, that provides yacht insurance, estimated the hull value at $40-70 million, but said P&I cover might not total more than $100 million.

  7. Ship classification society - Wikipedia

    en.wikipedia.org/wiki/Ship_classification_society

    A classification certificate issued by a classification society recognised by the proposed ship register is required for a ship's owner to be able to register the ship and to obtain marine insurance on the ship, and may be required to be produced before a ship's entry into some ports or waterways, and may be of interest to charterers and ...

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