Military Sealift Command to Review Insurance Provisions
Mainbrace
The United States Military Sealift Command ("MSC") held a public meeting on December 1, 2011 to review the requirements of its charters that owners must name MSC as an additional assured on all required insurance policies and obtain from the insurer a waiver of the right of subrogation. The standard terms and conditions included in the MSC charters are contained in its Proformas, which are available on its website. (View PDF to read the rest of this article)
This article by Brian M. Bannon, partner at Blank Rome, is one in a series of articles written for Blank Rome Maritime's quarterly Mainbrace newsletter. To view the other articles in the December 2011 edition of Mainbrace, please click here.