TT Club insurance for ship operators offers a comprehensive package of liability and equipment cover to ship owners, charterers and combined transport operators in deep sea, short sea and river trades.
Designed to operate in conjunction with P&I cover, TT Club cover can include protection for wider business activities such as freight forwarding, ships' agency or terminal operations. TT Club cover also provides protection for investment in capital equipment required by most finance houses and comprehensive liability and equipment insurance to meet lessors' insurance needs. Our cover is designed to operate alongside other insurances, minimising the chance of gaps or overlapping covers.
TT's standard insurance for ship operators includes access to our worldwide equipment survey programme, designed to speed up claims processing and provide a body of loss prevention data accessible to Members. Our policies are tailor-made to meet your precise needs.
Who we insure
- Rolling stocks
- Swap bodies
- Liabilities for loss of, or damage to, cargo, customers' equipment and ships
- Loss of, or damage to, equipment including loss due to strikes, riots and terrorist risks
- General average and salvage
- Third party liabilities linking with P&I cover, e.g. carriage on land
- Cargo liabilities due to defective equipment during pre or on carriage arranged by shipper or receiver
- Fines imposed by an authority which are not covered by P&I insurance, e.g. confiscation of insured equipment
- Investigation, defence and mitigation costs
- Disposal, quarantine and disinfection costs
- Forwarding liabilities when arranging pre? and on-carriage
- Political risks including war risks on land, capture, seizure and requisition of equipment
- Ships' agency liabilities
- USA chassis liability
Ship operators cover document (129 KB)
Container risks cover document (300 KB)
Initial information request form - ship operators (175 KB)
Specific information document - ship operators (206 KB)
Specific information document - container lessors (79 KB)
TT Club Wordings 2021 - Container Lessors (747 KB)
TT Club Wordings 2021 - Ship Operators (754 KB)
You may also be interested inView all
This first instance judgment in relation to a charterparty dispute has the potential to spawn a range of liability exposures that could reverberate through the complex network of supply chain contracts. Most particularly the reasoning may expose ports and terminals in non-liner trades.
TT Talk - Crane collisions & allisions
Whether for bulk handling or container operations, the quayside crane is critical for performing ship to shore services. This vital tool is also vulnerable to significant damage when impacted by a ship during berthing. While relatively low frequency, such incidents carry high consequence in direct damage, business disruption and potential for injury.
Analysis of TT Club's claims experience continues to highlight the vulnerability of quay cranes, other handling equipment and containers to major weather related incidents at marine terminals. Despite the large mass, it is not uncommon for these cranes to be blown along the crane rails, potentially into other equipment or toppling over, giving rise to extensive damage.
TT Club has been at the heart of a long-term campaign to increase awareness of good cargo packing practices, both as part of responding to incidents and through speaking at industry events. These efforts are now galvanised in the 'Cargo Integrity Group'.