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Marine & Offshore Consultants

- the offshore expert

Marine Warranty Survey


training overview
Maritime, Oil & Gas and renewables

relentlessly in pursuit of the Exceptional


Marine Warranty Survey Marine & Offshore Consultants
Marine Insurance MWS beginnings

A marine insurance warranty is a


promissory warranty by which the assured
undertakes that some particular thing shall
or shall not be done, or that some condition
shall be fulfilled, or whereby he affirms or
negatives the existence of a particular state
of facts.
If the assured fails to comply with the
terms of the warranty, the insurer is
discharged from all liability under the policy
as from the date of breach of warranty, but
without prejudice to insured losses
occurring prior to such date
Marine Warranty Survey Marine & Offshore Consultants
MWS Scope of Work

The requirement for a warranty surveyor comes about when:


An assured has high value equipment
which is subject to marine risks
He seeks insurance for that equipment,
taking into account those risks
The underwriter seeks comfort that the
equipment and the risks to which it is
exposed are in accordance with
acceptable standards
He writes a warranty into the policy
wording, requiring the approval of
some or all of the activities by a
surveyor.
Marine Warranty Survey Marine & Offshore Consultants
MWS Scope of Work
UNDERWRITER
will indicate the requirement for
a Warranty Surveyor by
means of the warranty

Marine Warranty Clause


nominate a particular surveyor
short list of acceptable surveying houses
brief scope of work for MWS

Assured will appoint the surveyor on the following criteria:


price for the job
number of hours
availability for interested period & feedback time

experienced surveyors will see the problems that need


investigating provide the best service to the Client
most competent surveyors must pare their rates and prices provide the protection that underwriters seek
to stay in business
Marine Warranty Survey Marine & Offshore Consultants
MWS Insurance company

INSURANCE COMPANY

BROKER

OWF DEVELOPER

CONTRACTORS
MARINE WARRANTY SURVEYOR CERTIFICATION REGULATORY BODIES
GOVERNAMENTAL AUTHORITIES
Marine Warranty Survey Marine & Offshore Consultants
Wind offshore vs. wind onshore

SIMILARITIES DIFERENCES
use of cranes and lifting floating crane vessels (heavy lifts)
arrangements special lifting tools to compensate for
components of wind sea motion
turbine generator environmental loads (wave, current)
blades sea bottom profile (UXOs, boulders, gas
towers pockets)
nacelle visibility
environmental data (wind) updated construction activities status
soil profile (reduced depth) positioning aids
jack-up vessels (not onshore condition)
Marine Warranty Survey Marine & Offshore Consultants
Oil & Gas Industry vs. Wind Industry
similar structures (jacket, topside,
piles)
practically most of O&G vessels are
working also for wind industry
personnel involved in onshore
installation is replace by offshore
personnel (from O&G)
sea fastening, installation are based on
offshore O&G procedures
wind farms are sometimes interacting
with O&G neighboring assets (risks)
electrical components have higher
sensibility that most O&G components.
Marine & Offshore Consultants

Thank You!

@: office@marineoffshoreconsultants.com
T: +40 241 551515
M: +40 722 410941 / +40 745 518933
web: www.marineoffshoreconsultants.com

269, Mamaia Boulevard, 3rd Floor, Section 6, Constanta, 900552 / Romania

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