We saw in the first part how Lithium-ion batteries function, what are their hazards? The consequences if things go wrong and the causes of these hazards. Now we will speak about prevention and fire suppression. Prevention is of paramount importance…
1) Introduction/Background 2) Lithium-ion (Li-ion) Batteries 3) Hazards Associated with Li-ion Batteries, their Causes, and Consequences 4) Loss Prevention Guidance 5) Fire Suppression 6) Summary References 1) Introduction/Background There has been a steep increase in the number of fires on…
What is mainly covered under a Yacht’s Protection and Indemnity (P&I) policy? A Protection and Indemnity (P&I) insurance policy is a type of marine insurance that covers a range of potential third-party liabilities that shipowners, operators, and charterers may face.…
The last years were not a sinecure for the yacht insurance industry, the yachting world has suffered several losses; A fire broke out in September 2018 two months from completion on a mega yacht of 147 meters at the Lürssen…