1995: Conference Proceedings
Articles

The Institute Time Clauses - Hulls 1/11/95: Several Restrictions Too Far?

Published 1995-11-05

Keywords

  • Institute Time Clauses Hulls,
  • general average,
  • marine insurance,
  • hull insurance,
  • ship classification,
  • Classification Society,
  • Joint Hull Committee,
  • Lloyd's of London,
  • Institute of London Underwriters,
  • crew negligence,
  • perils of the seas,
  • seaworthiness,
  • exemption clause,
  • due diligence,
  • marine pollution,
  • limitation of liability,
  • ship collision
  • ...More
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Abstract

Allen covers the background and development of the new Institute Time Clauses Hulls, which would be effective from 1 November 1995, in order to explain why the clauses have been so controversial amongst marine insurance customers. Allen goes through the major changes incorporated into the Institute Time Clauses Hulls and the context of these changes.