Military Sealift Command To Review Insurance Provisions

The United States Military Sealift Command ("MSC") held a public meeting on December 1, 2011 to review the requirements of its charters that owners must name MSC as an additional assured on all required insurance policies and obtain from the insurer a waiver of the right of subrogation. The standard terms and conditions included in the MSC charters are contained in its Proformas, which are available on its website at https://www.procurement.msc.navy.mil/procurement/contract/ProformaManager.jsp?page=1.

These Proformas typically require the owner to obtain the following types of insurance: customary full-form marine insurance coverage on the vessel (including cover against pollution damage and cargo loss), including Hull and Machinery, Protection and Indemnity (P&I), War Risk Hull and Machinery, including P&I, and Second Seamen's War Risk. With respect to these insurances, the Proformas require that the United States be named as an additional assured with a waiver of