A Guide to Getting Marine Insurance

March 11, 2024 /

Acquiring marine insurance is a prudent and essential decision for various stakeholders in the maritime industry, including shipowners, operators, and cargo transporters. The rationale behind obtaining marine insurance is multifaceted and encompasses several compelling reasons: Risk Mitigation:The maritime environment is inherently unpredictable, with a myriad of potential risks such as accidents, collisions, piracy, natural disasters,…