If you own a vessel and do not have a Marine Hull insurance, here is a quick checklist to see if you should take one! Are you a: Private or commercial vessel owner/ operator? Fleet owner? Ferry operator? Charter and tourist boat operator? Have a business with loans on vessels?
As a country reliant on imports, Marine Cargo Insurance is an integral part of business planning in Seychelles. The final sale price of most goods we find on the shelves already incorporate the insurance cost from the CIF value of the goods (Cost, Insurance, Freight). Why is Marine Cargo Insurance important, you may ask? Marine…
The holiday period is the one time of the year where most people come together to exchange gifts, share good food and enjoy each other’s company. This year, however, looming economic anxieties and sporadic COVID-19 positive cases threaten to dampen traditional holiday festivities. Businesses have always played a key role in igniting the spirit of…
Since the start of the COVID-19 pandemic, the shipping industry around the globe has taken a heavy impact from the resulting economic crisis. One of the major challenges facing the industry has been the ability to continue transporting food and other supplies in the least disruptive manner possible. In the shipping industry, marine cargo insurance…
Anyone who’s ever been on a jet ski will tell you that the exhilaration is second to none, and no doubt a great way to spend an afternoon. But did you know that according to the BoatUS Foundation, they are more hazardous to operate than other watercraft?! They also make up around 26 percent of accidents!…
A boat trip is a wonderful way to unwind and relax, but even with utmost precautions, accidents can still happen and someone can still manage to fall overboard. What should you under these circumstances? You’re probably thinking something like: “jump in after them, duh!” Surprisingly, the National Parks Services of the United States strongly advices…
As serene and beautiful as the turquoise blue sea surrounding our islands can be, it can also be violently dangerous, especially during unfavourable weather conditions. In Seychelles, we are almost completely dependent on the sea for our livelihood – for fisheries, importation and distribution of food and other supplies and as the exclusive mode of…
