H&M Condition Surveys
ORCA provides H&M condition surveys and JH2013 audits with specific requirements by the Underwriter. We shall do damage surveys and also ship repair surveys as instructed by the Underwriter.
It is not feasible to ensure specific responsibilities for shipowners solely through regular transport insurance. Such responsibilities are typically addressed by a mutual insurance system, often referred to as clubs. Ship owners form these groups by becoming members and contributing predetermined amounts. In exchange for membership, the club provides compensation when certain risks arise.
These clubs play a vital role in making necessary payments, such as compensation for injuries or fatalities among the ship's crew, damages resulting from collisions with port facilities or breakwaters, debris removal following ship accidents, and claims for various damage situations. For instance, if a ship sinks due to a collision with another ship (under the running down clause, RDC), and the insurance company covers 3/4 of the loss, the remaining portion is covered by the club.
Unlike typical insurance companies, these clubs are organizations created by and for shipowners. Membership in these clubs is essential for ship owners looking to benefit from their services. Commonly known as Shipowners Mutual Protection and Indemnity Clubs, these entities are commonly referred to as P&I clubs, translating to Shipowners Mutual Protection and Compensation Club in our language.
In our country, all ships engaging in maritime activities in foreign seas typically have club insurance. However, it's important to note that this insurance is not usually acquired for operations within our own seas.
- P&I insurance ship entry expertise
- Boat and machinery insurance ship entrance expertise
- Ship general due diligence for financial institutions
- Damage management
- Ship damage assessments
- Reverseane repair follow-up
- Conflict surveys
- Marine pollution surveys
- Accident survey
Especially in foreign seas, when damage is caused to other ships or port facilities, or when ships are seized by the port authority, especially by causing marine pollution, it will take time to identify the resulting damage. The most important function of P&I club insurance in foreign seas arises here. The P&I club provides the necessary guarantee and ensures that the ship continues on its way.
In short, Protaction and Indemnity clubs, which are considered as protection, indemnity and liability insurance, have no limits in the services provided by the maritime sector. These clubs, which initially provided very limited guarantees, have expanded their areas of responsibility today.
Another insurance system similar to these clubs is boat and machinery insurance (H&M, Hull & Machinery Insurance). This insurance covers the damages that may happen to a ship. As explained above, in case of damage to the ship in various cases, for example, in case of collision with another ship and sinking of the ship, 3/4 of the damage is paid by H&M insurance, while the remaining part is covered by P&I coverage. Of course, in case of conflict, the warranty is given at the rate of defects of other parties involved in the accident.