Insurance
VSM’s vessels, whether owned or chartered, are insured to protect against potential losses and liabilities in order to give our stakeholders and partners total peace of mind.
VSM vessels are insured with SKULD PNI Club, an insurance company specialized in providing protection and indemnity (PNI) coverage for ships, offshore units, and other marine-related assets, with coverage for a variety of risks, including liabilities arising from the operation of the vessel, as well as physical damage to the vessel itself.
VSM vessels are also insured by Emirates Insurance Co. This company offers hull and machinery insurance, which covers the physical damage to a vessel and its machinery, as well as loss of use due to the damage, helping to protect against the financial impacts of unexpected damage or accidents.
Operating Safely and Effectively
By securing insurance coverage from providers like SKULD PNI Club and Emirates Insurance Co., VSM offers clients the peace of mind that we are operating safely and effectively in regional