FD&D

Freight, Demurrage & Defence (FD&D) insurance provides invaluable legal support and financial assistance for resolving disputes related to the chartering, operation, and ownership of vessels. Unlike Protection & Indemnity (P&I) insurance, which covers liabilities, FD&D covers the legal costs involved in pursuing or defending claims that arise from the contractual operations of your vessel.
Key Advantages of FD&D Insurance:
  1. Comprehensive Legal Assistance : FD&D insurance covers legal costs and expert fees associated with disputes over freight, hire, demurrage, or off-hire issues. Whether you’re defending or pursuing a claim, our FD&D coverage ensures that you have access to top legal expertise without bearing the financial burden yourself.
  2. Charterparty Disputes :  Disagreements over the terms of a charterparty are common in shipping. With FD&D insurance, you are fully supported in disputes involving charter terms, cancellations, and other breaches of contract.
  3. Disputes Related to Bunkers and Cargo : Cargo damage, contamination, or disputes regarding the quality of bunkers can lead to complicated claims. FD&D covers the legal fees to resolve such issues, helping to protect your commercial interests and maintain smooth operations.
  4. Demurrage and Laytime Disputes : Disagreements about laytime calculations and demurrage claims can be costly and time-consuming. FD&D insurance provides financial protection for the legal expenses involved in handling such disputes, ensuring that your rights are protected.
  5. Flexible and Tailored Support: Unlike standard P&I coverage, FD&D allows you to manage a broad range of commercial claims and disputes. This coverage is essential for businesses that regularly face complex legal challenges and need tailored solutions to protect their financial stability.
Why Choose Our FD&D Insurance?
  • Specialized Legal Expertise: With access to experienced maritime lawyers and arbitrators, our FD&D insurance ensures that your legal disputes are handled by professionals who understand the intricacies of the shipping industry.
  • Financial Protection: FD&D covers the legal costs, so you can pursue or defend claims without worrying about the financial burden, safeguarding your cash flow in the event of lengthy legal battles.
  • Efficient Claims Handling: Our team works closely with you to resolve disputes quickly and effectively, minimizing disruptions to your operations.