Hull & Machinery

Hull & Machinery insurance covers damage to the vessels hull, fittings, its machinery and installed equipment. The insurance is mostly placed through brokers who arrange cover through a range of insurance companies.

Insurance, in general, covers damage as a result of an unforeseen and unexpected event. Where P&I insurance is intended to insure a shipowner’s liability to others, Hull & Machinery insurance is mainly to cover the ship as the Owners' primary asset. Hull & Machinery and P&I become complimentary in the event of collision liability and damage to fixed and floating objects.

In order to meet our client’s expectations, the company employees a large team of marine engineers all with extensive experience in ship repair, cost calculation, classification and technical superintendence.