Port of Beirut | Insurance of handling operations

Call

TEL: +961 1 580211
Meet

Quarantaine region
POBOX. 1490
Beirut - Lebanon
Write

info@portdebeyrouth.com
Follow

Home .
Tariffs .
Insurance of handling operations

Insurance of handling operations

Article 11:

A-The shipping agent and/or the receiver when benefitting from the handling operation relative to the reference N6 up to N9 and/or Q6 up to Q9 is charged an extra insurance premium amounts to US$ 10 for each ton and for each operation with minimum of US$500. Moreover he is also charged this insurance premium according to the same basis for each operation requesting special arrangements, due to the exceptional situation relative to volume, value or fragility.

B- In case of expensive parcels (heavy lifts or yachts or others), (which value exceeds 500 000 $), item A is not to be applied, and the shipping agent and/or the receiver should provide the port management with an invoice of the cargo to determine the amount of the insurance policy due for payment to the insurance company contracting with the port management.

C- The shipping agent or the cargo owner (or his representative) is liable for abstaining from reporting to the port management about any heavy lift or yacht or parcel subject to item B above or any manipulation of the goods’ value.

D- The amount of insurance policy relative to cargo discharged by vessels own gears is determined in accordance with the same basis of item A above, aiming to cover the risks which may be encountered by the port installations and equipment, excluding the damages on cargo.

E- The “Quality Assurance Department” of the Port of Beirut Authority must be notified in advance, and before any work commences on a vessel, of any handling operations requiring additional insurance, whether for loading or unloading, and whether carried out using the vessel's own equipment, the equipment of general cargo handling contractors, or the equipment of the container terminal operator. This notification is necessary to ensure the issuance of appropriate insurance policies, specifying the type and coverage limits, in anticipation of any incident that may occur during cargo handling operations.

Furthermore, the insurance policies must be issued by an insurance company contracted with the Port Authority, and must adhere to the coverage and other terms agreed upon between the Authority and that company. Any insurance policy issued by an insurance company not contracted with the Port Authority does not exempt the policyholder from paying the additional insurance stipulated in this article.

Insurance of handling operations

Article 11:

Client Services