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Towage Insurance

Towage Insurance is generally provided to the ships proceeding to the scrap yards under towage or those ships moved from one shipyard to another for completion of the building. The cover is provided in accortdance with the Institute Voyage Clauses Hulls (Cl. 286), which can be amended depending on the towage conditions and requirements of the insured. The insurers generally ask for a towage survey to be conducted by an approved surveyor so that the towage plan is to be approved and a Towage Certificate is to be issued.

 
 


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