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Gard: High water on Mississippi river can lead to high costs

As the Gard Club informs, high water and strong currents in the Mississippi River can lead to delays and additional costs being incurred. The high-water season is often said to run from December to May, with the highest water being usually seen from February to May. However, this is not the only high water season, as high water can take place at many times and has sometimes lasted from January until August.

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Nordic Marine Insurance Plan: Information between marine and war perils

In the latest revision of the Nordic Marine Insurance Plan, it was agreed to restrict the war risk cover to politically motivated interventions, with state interventions falling outside the war risk cover included in the marine insurance cover. The 2019 revision of the NMIP was approved by all parties and the document was published for use by insurance practitioners. The amendments in the 2019 version vary from small clarifications in clauses to more substantial re-writing of individual clauses.

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