EU comply with the Insurance Directive – Insurance of Shipowners for Maritime Claims
Directive 2009/20/EC of the European Parliament and of the Council of 23 April 2009 The West of England P&I Club issues Notice to its Members regarding Directive 2009/20/EC of the European Parliament and of the Council of 23 April 2009 on the Insurance of Shipowners for Maritime Claims ("Insurance Directive") as follows:Operators have previously been advised that EU Member States are required to bring into force the laws, regulations and administrative provisions necessary to comply with the EU Insurance Directive before 1January 2012.The Insurance Directive requires shipowners of ships having a gross tonnage (gt) of 300 or greater to maintain insurance to cover maritime claims subject to limitation under the Protocol of 1996 to Amend the International Convention on Limitation of Liability for Maritime Claims (LLMC Protocol) and up to the relevant maximum limits laid down in it. The Directive requires that this cover is evidenced by a certificate or certificates of insurance when entering an EU port, or flying the flag of a Member State.'Insurance' is defined in the Directive itself as "insurance with or without deductibles, and comprises, for example, indemnity insurance of the type currently provided by members of the International Group of P& I Clubs, and ...
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