MARITIME MUTUAL

QUOTATION FOR INSURANCE

22 / 35287 / 01 SAFE
Type: PROTECTION & INDEMNITY

Date: 12th July 2022

M.M.A.L. Member: PT Lars Marine Consultant as Owner and/or as Manager.

Vessel Name Type Flag/Class Built GT ETC (for

period)
“Flora” Container Cargo Syria / TBA 2008 74,178 USD 45,000
IMO No: 9349576 vessel

Trading From actual time of sailing from Batam, Indonesia with effect from date and time to be
Warranty/Period: agreed by the Association, for single delivery voyage, whilst under tow by “TBA” for
voyage from Batam, Indonesia to Tianjin, China. Coverage to cease at time of arrival at
Tianjin, China or 30 days after attachment whichever the sooner.

Conditions: As per Association Rules for Class I P&I amended to 4/4ths RDC (cover includes Wreck
Removal and Oil Pollution as per Class I Rules 4.14 & 4.24). Excluding Cargo Liability
absolutely.

Cover is extended to include the MLC Extension Clause 2019 (incorporated in the Club
Rules) upon receipt and approval by the Association of a completed MLC Certificate
Application Form and a letter from Owners / Managers countersigned by the ship's
Master confirming that all crew salaries are fully paid up to date.

Limit of Liability: USD 50,000,000 any one accident or occurrence or the amount required by the Nairobi
International Convention on the Removal of Wrecks 2007 &/or Convention on Civil
Liability for Bunker Oil Pollution Damage 2001, whichever the lesser, but Crew liability
limited to a maximum of USD 50,000 any one person any one accident or occurrence.

Deductible: USD 3,500 in respect of Crew claims any one person any one accident or occurrence.
USD 150,000 in respect of RDC/FFO claims any one accident or occurrence.
USD 150,000 or 10% of total claim in respect of all claims following total &/or
constructive loss of vessel, whichever the greater.
USD 50,000 in respect of all other claims any one accident or occurrence.
Registered in New Zealand
Incorporated under the Companies Act 1993 reg. no. 1521418
Level 6, 36 Kitchener Street
Auckland 1010, New Zealand
Telephone: + 64 9 915 1099
www.maritime-mutual.com

Maritime Mutual Insurance Association (NZ) Limited is not licensed to carry on insurance business in New Zealand. It is not subject to prudential regulation under the
Insurance (Prudential Supervision) Act 2010 and is not supervised by the Reserve Bank of New Zealand. Insurance underwritten by Maritime Mutual Insurance
Association (NZ) Limited is not available to persons in New Zealand
 MARITIME MUTUAL
All correspondents, surveyors, experts and other parties appointed by the Association to
investigate claims, or incidents which may give rise to a claim, are deemed to have
been appointed on behalf of the Member who shall be responsible for payment of their
fees and expenses and of all associated costs arising from the investigation unless the
claim or incident results in a claim being made which falls within the Rules and terms of
entry and exceeds the applicable deductible.

Call Warranty: Payable in full in advance, time being of the essence, otherwise insurance automatically
cancelled with the Association accepting no liability arising from any incident.

No Returns of Estimated Total Call are allowed.

Warranties: Warranted vessel classed and class maintained.

Warranted vessel ISM and. S.O.L.A.S. compliant (if applicable).

Warranted fully completed and signed proposal of entry form to be received at the time
of attachment of cover.

Warranted Crew Contracts to be submitted to the Association for approval within 30

days of attachment. Any approval shall be without prejudice to Class 1 Rule 4.1 (vi)
which shall continue to apply.

Warranted vessel cargo free and in ballast for the voyage.

Warranted vessel not in a damaged condition.

Warranted approval of all voyage arrangements and weather routing to be approved

prior to attachment by a surveyor approved by the Association and all recommendations
to be fully complied with at inception of coverage and for the full duration of coverage
provided hereto.

Warranted that at the commencement of the voyage and voyage stage during the
period of cover hereto, the vessel shall be seaworthy for the purpose of the particular
adventure insured.

Warranted weather routing and voyage plan to be submitted to the Association’s review
and approval prior to commencement of coverage.

Survey Warranted condition survey on vessel/ machinery / voyage / weather routing / crew
Warranty: arrangements and survey by a surveyor approved by the Association (prior to sailing)
and all recommendations to be complied with before commencement of voyage, and for
the duration of coverage being provided hereto. All costs for the Member’s account and
surveyor to issue certificate of approval and full report.

Warranted sea trials, at surveyor’s discretion, to be carried out prior to departure &
warranty surveyor to be in attendance for such sea trials.

Warranted tug(s), towage, stowage, seafastenings & weather routing to be agreed by a

surveyor approved by the Association and all recommendations complied with before,
during and after voyage. Survey at Member’s expense and surveyor to issue certificate

Registered in New Zealand

Incorporated under the Companies Act 1993 reg. no. 1521418
Level 6, 36 Kitchener Street
Auckland 1010, New Zealand
Telephone: + 64 9 915 1099
www.maritime-mutual.com

Maritime Mutual Insurance Association (NZ) Limited is not licensed to carry on insurance business in New Zealand. It is not subject to prudential regulation under the
Insurance (Prudential Supervision) Act 2010 and is not supervised by the Reserve Bank of New Zealand. Insurance underwritten by Maritime Mutual Insurance
Association (NZ) Limited is not available to persons in New Zealand
 MARITIME MUTUAL
of approval and full report.

Information: Subject to reason for being towed rather than sailing under own power.

Crew No./Nationality: 24 Filipino, Indian & Iranian.

First Notification of claims to be reported to:-

Far East P&I Services Pte. Limited.
Telephone : +65 6220 9690
Fax : +65 6323 5176
PIC : Tey Choon Wee
For more information www.maritime-mutual.com
**This quotation is only valid for 30 days Agreed and Accepted by

For and on behalf of

Maritime Mutual Insurance
Association (NZ) Limited ………………………………..
Authorized Signatory

Registered in New Zealand

Incorporated under the Companies Act 1993 reg. no. 1521418
Level 6, 36 Kitchener Street
Auckland 1010, New Zealand
Telephone: + 64 9 915 1099
www.maritime-mutual.com

Maritime Mutual Insurance Association (NZ) Limited is not licensed to carry on insurance business in New Zealand. It is not subject to prudential regulation under the
Insurance (Prudential Supervision) Act 2010 and is not supervised by the Reserve Bank of New Zealand. Insurance underwritten by Maritime Mutual Insurance
Association (NZ) Limited is not available to persons in New Zealand