IUA Circular 075/24

General Average in the Offshore Industry

 

with guest speakers:
Michiel Starmans,Fellow, Association of Average Adjusters 
and Alf Inge Johannessen, Senior Claims Manager, DOF AS

Event Chair: Ann Waite, Honorary Chair, Association of Average Adjusters 

 

This market briefing will be: HYBRID

Event Date:  Wednesday 13 November 2024

Time: Registration at 11.30am
Session commences at 12 noon for approx 60 mins (UK/London time) followed by buffet luncheon

Venue for in-person attendance: 
Aldgate/Bishopsgate Rooms, Cavendish Conference Centre, One America Square, 17 Crosswall, London EC3
Subject:  At this briefing, our guest speakers will explain how General Average applies to the Offshore Industry, where offshore equipment, cargo or any other property is carried on board a vessel. 

Dial in for remote attendance: 
For connection details, please click here
   
This is a free event, but names and email addresses of all attendees are required for registration.

Please click here to register

The principle of General Average is embedded in the law of all maritime countries and the absence of a General Average clause in an Offshore contract does not automatically exclude the application of General Average, where expenditure or sacrifice of a General Average nature is incurred or sustained by any of the parties to the common adventure. 

At this briefing, our guest speakers will explain that General Average normally also applies to the Offshore Industry, where Offshore equipment, cargo or any other property is carried on board a vessel.
Our Speakers:  
Michiel Starmans is a Fellow and past Chairman of the Association of Average Adjusters. He worked for 10 years as an Average Adjuster in both the London and Rotterdam offices of Richards Hogg Lindley. He joined the Spliethoff Group in Amsterdam over 22 years ago as Director in the Legal department, in which role he deals with P&I and H&M claims. Spliethoff operates a pool of over 140 owned vessels, including various heavy lift vessels for the offshore industry. Michiel is a member of the Bimco Documentary Committee on behalf of the Dutch delegation.

Alf Inge Johannessen has passed the Norwegian Average Adjuster exams and is an Associate Member of the Association of Average Adjusters. He works as a Senior Claims Manager at DOF, a company that offers offshore and subsea services with a fleet of support vessels. Alf Inge handles the insurance claims portfolio for the DOF group. Before this, he spent 25 years in the adjusting department at Gard and its predecessor Vesta, dealing with claims under H&M, LOH, and related policies under all major insurance conditions.