The American Institute for Marine Underwriters (AIMU) has issued a report examining the unique challenges for marine underwriters when it comes to dredging and related marine contracting.
Prepared by the New York-based AIMU's Technical Services Committee, the report discusses the different types of dredging activities and equipment used and examines the exposures both from a hull, crew, P&I (Protection & Indemnity insurance) and marine liabilities perspective.
Important to the conduct of maritime commerce throughout the United States, dredging activities occur on inland waterways, within ports and harbors and in coastal areas, as well as in support of new construction projects.
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