AMT offers insurance protection for shipowners against operational risks:
- loss of or damage to the vessel, salvage and general average expenses – by Hull & Machinery policy
- loss of hire caused by accidents – by Loss of Hire policy
Benefits of this insurance:
- allows to smooth down volatility of the company cash flow
- prevents shipowner's balance sheet from catastrophic losses
Target vessels:
Small and medium tonnage of Russian and FSU FOM
GCS < GT 15,000, tankers < GT 10,000
Bulkers < GT 40,000, fishing < GT 9,000
Port and supply vessels, tugs
Small and medium tonnage of Russian and FSU FOM
GCS < GT 15,000, tankers < GT 10,000
Bulkers < GT 40,000, fishing < GT 9,000
Port and supply vessels, tugs