A small container ship is proceeding upriver to dock and unload her cargo. As the vessel...

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A small container ship is proceeding upriver to dock and unload her cargo. As the vessel approaches her rendezvous with tugs, a latent defect in the steering engine becomes apparent and the vessel loses her ability to be steered. She veers across the river into an empty car carrier heading downstream. The car carrier is holed and begins to sink causing pollution from her bunkers. The Port Authority organises a pollution containment scheme. The container ship suffers hull damage from the collision and strands as she hits the riverbank. She is insured under Institute Time Clauses - Hulls 1/10/83 and is entered in a Protection and Indemnity Club which is a member of the International Group. (a) Explain, regarding the container ship: (i) (ii) which losses her hull insurers will pay? which losses her Protection and Indemnity Club will pay? (b) Briefly explain the difference in cover for latent defects between the Institute Time Clauses - Hulls 1/10/83 and the International Hull Clauses 01/11/2003. A small container ship is proceeding upriver to dock and unload her cargo. As the vessel approaches her rendezvous with tugs, a latent defect in the steering engine becomes apparent and the vessel loses her ability to be steered. She veers across the river into an empty car carrier heading downstream. The car carrier is holed and begins to sink causing pollution from her bunkers. The Port Authority organises a pollution containment scheme. The container ship suffers hull damage from the collision and strands as she hits the riverbank. She is insured under Institute Time Clauses - Hulls 1/10/83 and is entered in a Protection and Indemnity Club which is a member of the International Group. (a) Explain, regarding the container ship: (i) (ii) which losses her hull insurers will pay? which losses her Protection and Indemnity Club will pay? (b) Briefly explain the difference in cover for latent defects between the Institute Time Clauses - Hulls 1/10/83 and the International Hull Clauses 01/11/2003.

Answer rating: 100% (QA)

a Regarding the container ship i Her hull insurers will pay for the damage suffered by the vessel du... View the full answer