<p><strong>QUALIFYING VESSELS</strong></p>

<ol>
	<li>This insurance and the marine transit rates as agreed in the policy or open cover apply only to&nbsp; cargoes and/or interests carried by mechanically self-&nbsp;propelled vessels of steel construction&nbsp; classed with a Classification Society which is<br />
	&nbsp;
	<ol start="1" style="list-style-type: lower-alpha;">
		<li>a National Flag Society as defined in clause 4 below, but only where the vessel is engaged&nbsp;exclusively&nbsp; in the coastal trading of&nbsp; the&nbsp; nation (including trading on an inter-island route within an archipelago of&nbsp; which that nation forms part)</li>
		<li>a Member or Associate Member of the International Association of&nbsp;Classification Societies&nbsp; (IACS),</li>
	</ol>
	</li>
</ol>

<ol>
</ol>

<p>Cargoes and/or interest carried by vessel not classed as above must be notified promptly to underwriters for rates and conditions to be agreed. Should a loss occur prior to such agreement being obtained cover may be provided but only if cover would have been available at a reasonable commercial market rate on reasonable commercial market terms.</p>

<p><strong>AGE LIMITATION </strong></p>

<ol>
	<li>Cargoes and/or interests carried by Qualifying Vessels (as defined above) which exceed the following&nbsp; age limits will be insured on the policy or open cover conditions subject to an additional premium to be agreed</li>
</ol>

<p>Bulk or combination carriers over 10 years of age or other vessels over 15 years of age unless they:</p>

<ol start="1" style="margin-left: 40px; list-style-type: lower-alpha;">
	<li>have been used for the carriage of general cargo on an established and regular pattern of trading&nbsp; between a range of specified posts, and do not exceed 25 years of&nbsp; age, or</li>
	<li>were constructed as containership vehicle carriers or double-skin open-hatch gantry crane&nbsp; vessels (OHGCs) and have&nbsp; been continuously used as such on an established and regular pattern of&nbsp; trading between a range of specified ports and&nbsp;&nbsp; do not exceed 30 years of age.</li>
</ol>

<p><strong>CRAFT CLAUSE</strong></p>

<ol>
	<li>The requirements of this clause do not apply to any craft used to load or unload the vessel within the&nbsp; port area.</li>
</ol>

<p><strong>NATIONAL FLAG SOCIETY</strong></p>

<ol>
	<li>A National Flag Society is a Classification Society which is domiciled in the same country as the owner of the vessel in question which must also operate under the flag of that country.</li>
</ol>

<p><strong>PROMPT NOTICE</strong></p>

<ol>
	<li>Where this insurance requires the assured to give prompt notice to the Underwriters&nbsp; the right to cover is dependent upon&nbsp; compliance with that obligation.</li>
</ol>

<p><strong>LAW AND PRACTICE</strong></p>

<ol>
	<li>This insurance is subject to English law and practice.</li>
</ol>
