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Political and civil unrest, wars and other conflicts are regularly raising concerns with regard to the safety of navigation and the safety and welfare of seafarers visiting ports belonging to countries involved in such conflicts.
Extracts from 2ND revised Edition 1965 of "Insurance of Ships Trading Outside Institute Warranties", a report by Advanced Study Group No. 138 of THE INSURANCE INSTITUTE OF LONDON: Note: The object of the report is to make more generally available a body of information about the nature and the peculiar hazards of these regions excluded by the Institute Warranties. The report does not concern itself directly with questions of hull rating. The publication of the report by the Institute does not necessarily imply agreement with the statements made or opinions expressed, for which the Advanced Study Group alone is responsible.
In year 2000 the Institute of Chartered Underwriters, London revised the Institute Warranty Limits and with effect from 1 November 2003, the limits are referred to as International Navigating Limits (INL).
The aim of the BIMCO Autonomous Ships Seminar is to identify the shipowners’ views on this topic, which is currently being driven by manufacturers.
The Institute Warranty Limits were amended as of 1 November 2003. They have also been renamed and are now referred to as International Navigating Limits (INL).
Please find hereunder the full text of the Institute Warranties Limits (IWL).
Please find hereunder the full text of the American Institute Trade Warranties:
