This market briefing will look at the adjusting of loss of hire claims under A. B. Stewart conditions, consider unresolved issues and dive into what the clauses don’t say.
When a vessel has sustained damage which is covered under the relevant Hull and Machinery (H&M) policy, a Loss of Hire policy will come into play and is based on the days that the vessel is inoperable for hire.
At this market briefing, our guest speaker will discuss the clauses and highlight what they do not say.