Grounding damage

An insured vessel had laid by at an anchorage in order to embark some service engineers. Upon departure from the roads she touched bottom. The vessel was able to continue her voyage to her final destination. Sometime later internal damage to the double bottom tanks was found and subsequently an inspection in dry-dock revealed damage to virtually the whole length and breadth of the ship’s bottom as a consequence of the grounding.

Grounding is a peril insured under the listed “perils of the seas” and the Assured was compensated for the disruption to trade caused by the casualty which in this case reached the policy limit for any single occurrence under the terms of his cover.