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Marine of risks / destinations

Hull and Machinery (H&M)

Physical loss or damage cover for all types of vessels. The scope, basis and extensions of cover provided are adapted to suit individual client’s requirements. We are ready to provide cover for all types of sea-going and inland vessels according to own Underwriter`s rules and based on international insurance conditions such as Institute Time Clauses.

Freight, Demurrage and Defence (FD&D)

Also referred to simply as “Defence”. In most instances an optional adjunct to P&I coverage. This insures the shipowner from legal costs associated with either the defense or pursuit of a claim relating to the insured vessel, for example, the legal fees resulting from a charter party dispute.

Loss of Hire

Insurance designed to protect a ship owner for potential loss of earnings of a vessel (either freight or charter hire) resulting from a casualty. Cover is usually stipulated to respond in the event of a peril insured under the vessel’s Hull and Machinery Policy.

FIX PRICE FOR BLUE CARDS

ALL OUR CUSTOMERS CAN GET THE BLUE CARDS FOR THEIR VESSELS AT A FAVORABLE FIXED RATE:
3,35 USD per gross register ton for all types of vessels (other than tankers)
4,45 USD per gross register ton for tankers
Scope of cover:
А) Liability to persons other than seamen
B) Pollution risks
C) Wreck Removal Limit of liability – in accordance with Bunker / Oil and Nairobi Convention Requirements

H&M - War & Strikes Risks

Cover against War, Strikes, Riots, Civil Commotions etc. Generally, but not always, arranged separately to a vessel’s Hull and Machinery Insurance and extended to include War Protection and Indemnity Risks. Trading to ‘Excluded’ areas (as defined within the London Market’s list of excluded areas) is customarily subject to specific agreement

BUILDERS RISKS

Physical loss or damage cover for a shipbuilder during a vessel’s construction period. Customarily tailored and extended to include faulty design risks during a warranty period and in accordance with specific shipbuilding contracts.

Protection and Indemnity (P&I)

Third party liability cover for all types of vessels. Arranged with International Group Clubs, Independent Clubs or commercial underwriters. Designed to ‘dovetail’ with a vessel’s Hull and Machinery Insurance

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    Company Overview

    The maritime world is highly competitive, highly regulated and technically demanding. From vessel registration, surveys and compliance, to naval architecture, marine engineering and risk consultancy, ship agency, shore support, industry training, crew certification and much more, our ‘one-stop shop’ helps clients rise to the many – and growing – challenges.

    The shipping and offshore sectors are truly international. But we understand that each market, and every client, also has its unique dynamics and demands. That’s why we combine deep local knowledge and personalized all-weather service with global reach and expertise to offer you the best of both worlds.

    Your success and satisfaction are our priorities. Take a look at our complete service spectrum, download a brochure or get in touch with your local associate today. Our live chat allows you to talk to an associate in real time. Simply click on the icon at the bottom of your screen now.

    MISSION STATEMENT
    To uphold exceptional quality of service in delivering progressive and exact professional, technical and operational solutions to the maritime industry.

    CORE VALUES
    GMCG is founded on the principles of M.O.V.E.
    Motivation Supporting all our people to bring energy and enthusiasm to their daily work
    Ownership Empowering all our people to take ownership of their actions and sharing the fruits of success.
    Values Encouraging and rewarding honesty, loyalty, hard work and sincerity.
    Enterprises Empowering and rewarding innovative thinking, and drive to design and deliver services that exceed customer expectations.

    Business partners

    Global maritime consultants group – Recognition

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