Maritime Risk International
Weather cover
NorthStandard's strike and delay class has introduced Weather Cover into its suite of risks, providing shipowners and charterers with the first ever marine insurance protection to mitigate the threat posed to ships solely by adverse weather conditions. It offers up to eight days of cover against the risks of a ship being delayed in or outside a port due to bad weather, as part of its broader strike and delay package. Nick Rowe, head of strike and delay, NorthStandard, has seen a growing number of requests from members for the Club to extend its "onshore" cover to mitigate these risks.