Marina Hull Insurance

We can offer tailor-made policies to protect against Marina hull and machinery risks from bow to stern - from single vessels to the largest fleets. Involved in Marina hull and machinery insurance since inception, Noble is now one of the strongest and most experienced Marina Broker in the UAE market.

We provide Marina hull and machinery insurance for all types of ships and vessels and their equipment, including:

  • Container ships
  • Oil & gas tankers
  • Bulk carriers
  • Passenger vessels
  • Fishing vessels
  • Tugs and barges
  • Towboats
  • Offshore energy support vessels

The Sum insured is the value of the hull, which is required to be ascertained and agreed upon by an independent and qualified Marina Surveyor. The factors to be considered to arrive at the premium are based on the following:

  1. Type of Hull.
  2. Tonnage.
  3. Fleet or singleton.
  4. Trade of the vessel.
  5. Ownership / management.
  6. Classification.
  7. Flag & registry.
  8. Valuation of the vessel.
  9. Past loss history.
  10. Insurance Conditions offered.
Marina Hull & Machinery insurance mainly covers:
  1. Total Loss &/or Constructive Total Loss,
  2. Machinery/Engine Damage
  3. Collision liability risk
  4. Loss mitigation expenses
  5. General average contributions
  6. Increased value in case of total loss
  7. War