MECO Marine provides a range of insurance products to clients engaged in maritime trade and transport.
Contracts of purchase and sale of commodities are more complicated and time-consuming than ever. When buying or selling FOB failure to comply with global transfer risks may cost you millions of dollars’ worth in damages and repairs.
We provide cover for shippers and receivers, as well as providing comprehensive insurances for terminal operators and companies that operate as NVOCCs. Our policy limit is up to $500 million and has an AA- S&P Rated Security.
We can insure companies buying or selling cargo against maritime risks arising under the sales contract, or under other contracts that relate to cargo handling operations. This cover is also available to the shippers and receivers of cargo.
We offer a range of specialised liability and property insurance for maritime transport operators and ports & terminals.
OTHER RISKS AND COVERS
We provide liability and property insurance against risks such as loss of bunkers, contractual deviation from the contract of carriage (SOL) and freight at risk.