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www.marinelink.com MN23tract language and additionalendorsements. Otherwise, an owner may contract out of coverage for a loss and the shipyard may do the same, or the shipyard may lose a valuable customer for a loss that should have properly been covered by insurance. This is not the intent of the shipyard or the owner. If the ves- sel insurer will not consent or endorse additional cover, then the shipyard is faced with a business deci- sion to remove the indemnity provi- sions to get the work. They are cau- tioned to also obtain consent of theirinsurers before removing and risk shifting clauses in any preapproved contracts. Informed consent can help prevent the loss of coverage and maintain a healthy customer rela- tionship for more trips to the repair yard. Matthew Valcourt is a Partner with Fowler White Burnett P.A. and focus- es his practice on maritime law. He handles all types of marine-related litigation and holds a USCG Unlimited Chief Mate and 1600 Ton Masters License. He is Board Certified in Admiralty and Maritime Law, is current Chair of the Florida Admiralty Law Committee and serves as a director to the Massachusetts Maritime Academy Alumni Association. He is a member of the Maritime Law Association, and the Southeastern Admiralty Law Institute. MN#1 (18-31):MN 2011 Layouts 1/5/2012 4:49 PM Page 23
