To protect both our vessels and our clients’ interests, Palmarola provides comprehensive insurance services, including hull & machinery, as well as protection & indemnity coverage. We work with reputable insurance partners to ensure full coverage against the risks associated with dry bulk shipping, helping to safeguard cargo, vessels, and crew against unforeseen events.
Our team is committed to ensuring that all vessels are adequately insured to comply with international regulations, while also helping clients navigate the complexities of the insurance process. We also advise on risk mitigation strategies to reduce exposure and optimize insurance costs.
Additionally, we offer freight demurrage defence insurance, protecting our clients from unforeseen delays in loading or unloading that may lead to costly demurrage charges. We ensure that all contractual terms and operational requirements are met to avoid delays and manage risk effectively.
Recognizing the potential risks associated with global shipping, Palmarola provides war risk insurance coverage, offering protection against losses due to acts of war, terrorism, piracy, or other extraordinary events that may impact the safety of our vessels or cargo. This specialized coverage ensures peace of mind for our clients operating in high-risk regions, securing shipments against geopolitical risks that could otherwise result in significant financial losses.