Clyde Co Guide to Superyacht Law - Sixth Edition

WHAT ARE THE POSSIBLE RISKS?

The range of potential incidents that may give rise to questions of insurance coverage, is endless, but may include:

• Damage to and possible total loss of the superyacht.

• Injury or death to the crew and/or passengers.

• Grounding resulting in salvage liabilities and/or possible wreck removal.

• Possible collision with other superyachts and liabilities towards the other superyacht, its crew/passengers and possibly cargo.

• Contact damage to a jetty and any consequential damages.

• Pollution liabilities.

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