pi_circular Operational riskInsurance & claims Gard
Complex questions can arise about who has control, responsibility and authority over a vessel when in the custody of a drydock facility. Lack of clarity over contractual and insurance risk allocation issues can be complicating factors when damage occurs while a vessel is at a repair yard or in dry dock. Who is responsible or liable for the damage occurring to the vessel or repair facility, and the resulting repair costs? Is it the vessel’s owners or the yard?
Tips and traps when contracting with facilities for repair, conversion and upgrades | Gard's Insights
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