RETURN OF CALLS AFTER LAY-UP
|Author(s)||UK P&I Club|
|Publisher||UK P&I Club|
UK P&I Club publication - Return of Calls After Lay Up - A properly laid ship reduces P&I risks. Club policy on lay up returns - Evidence of safe lay up; Minimum 30 consecutive days; No cargo; Hot or cold variable rate return of calls – determined by the presence; Seamen under permanent contracts; Pro rata; What is the lay up return retention rate? Mechanism of calculation; Seamen risks; Collision, FFO and wreck removal risks; Return of paid premium – not lay up rate; Time charterer and other fixed premium entries; Special survey following six months lay up: notice to Club of re-commissioning; Hot to apply? When should an owner apply for laid up returns? How is the outstanding fourth premium installment handled? What if a claim arises during the lay up period? Can payment of calls be deferred during lay up? Is a ship still eligible for lay up return if the 30 consecutive days cross policy years? Can a ship in dry dock apply for lay up returns? What happens if the ship is moved within port limits? Does a watchmen on board the ship constitute as crew on board? An excellent document with remarkably useful information that will definitely be highly appreciated by all participants of the maritime operations.
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