hull insurance clauses meaning in English
中国人民保险公司船舶保险条款
Examples
- Chapter iv is to make an introduction to the effect on the ship mortgage financing by the implementation of ism code . the bank will face such new risks as the vessel loses insurance compensation , civil liability of financing shipowner increases etc . in order to protect their benefits and avoid these risks fully , banks will operate by contract arrangements and in light of the hull insurance clause . shipowner should represent and warranty the real shipowner , classification of ship , the hull insurance , protection and indemnity insurance , etc . chapter v falls into three sections
第四章主要讨论了ism规则实施后，银行开展船舶抵押融资将面临船舶失去保险赔偿，融资船东民事赔偿责任增加等新风险，为充分保障自己的利益，转嫁ism规则实施给银行带来的风险，银行必然通过适当的合同安排和按照船舶保险合同条款的要求开展业务，融资船东需对真实船东、船舶船级、船舶保险和保赔保险等作出如实陈述和保证。