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Introduction of Kidnap & Ransom and Piracy Loss of Hire

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  • Introduction of Kidnap & Ransom and Piracy Loss of Hire

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Piracy activities have hit record high since 2011 with increased piracy attacks, higher ransom demands and expansion of the geographical scope of attacks. There are 211 attacks and 24 hijackings worldwide reported to International Maritime Bureau up to 23 May 2011. The release of “Irene SL” leads to the highest ransom in history which amounted to US$13 million this April. Under such circumstances, we highly recommend shipowners whose vessels will transit piracy prone areas, e.g. Indian Ocean, Gulf of Aden etc., to place Kidnap & Ransom (K&R) insurance to protect their interest. Details please refer to attached ALCO circular.

If there is any question relating to K&R and piracy LOH insurance, please feel free to contact us.


浅谈海盗赎金险和租金损失险

自2011年以来,随着海盗袭击的次数增多,索要租金的数额加大,以及扩大的袭击地理范围,海盗活动达到了历史新高。据国际海事局统计,截止到2011年5月23日,全球范围内共有211次袭击以及24起劫持事件发生。超级油轮”Irene SL”在4月释放,赎金金额更是达到创纪录的一千三百万美金。在这种情势下,我们高度建议船东如有船舶航行至海盗区域,例如印度洋,亚丁湾等地区,购买海盗赎金险以保护船东利益。具体请查看ALCO通函。

如果您有任何有关海盗赎金险及租金损失险的问题,请跟我们联系!

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