Yacht Stability Calculator

Naval Architects Professional Indemnity Insurance. Why do you need it?

What is Covered? 

Naval architects professional indemnity insurance is tailored to suit the specific needs of individuls and businesses involved in services such as: 

• Marine engineering
• Hull strength calculations
• 3-D modelling
• Isometric analysis
• Ship conversions and modifications
• Piping & electrical layout design
• Design
• Hydrostatistics
• Hydronamics
• Structure and stability analysis
• Lines design and fairing
• Weight Calculations

 Claim Examples

 Commercial Passenger Vessel

A naval architect was instructed to design a successful commercial passenger ship, which could reach speeds of up to 20 knots in reasonable weather conditions. During sea trials in extremely unfavorable weather conditions, the ship reached speeds far in excess of 20 knots. However, soon after the ship was put into service. she suffered various cracks in the hull, which the owner alleged was caused by inadequate welding design – not inadequate welding. The naval architect advised that the cracks were not due to inadequate welding design but due to the ship being operated beyond its recommended parameters in unfavourable weather conditions. The ship was repaired but the cracks returned on a number of occasions. A replacement had to be chartered by the owner while the ship was being repaired . A further dispute arose concerning the quality of the repairs by the shipyard and whether the alleged poor standards of repair work had led to futher cracks appearing in the hull.

The owner brought a claim against the architect and the shipyard for the cost of repairs, loss of profits, loss of use of the ship, chartering costs and diminution of value of the ship. The insurer settled the matter for the cost of repairs and the cost of hiring a replacement vessel only.

Yacht Design

A naval architect was contacted by a company to design a yacht for a race. The yacht was built and sailed over 10,000 miles without fault. However, when the yacht was lifted from the water, several cracks were noticed along the keel blade. Both the manufacturers and the naval architect were notified that the crack had appered. The naval architect realised subsequently that an error had occurred when transposing the design specifications onto the blueprint drawings which were then passed onto the manufacturers. This error in design ment the keel did not meet the strict strength specifications required of a racing yacht. The naval architect informed the company of their error. However, a subsequent survey completed by a third-party surveyor found the cracks to be caused by incorrect manufacturing techniques.

The manufacturers offered to repair the keel but if they had done so it would still have been unsuitable for racing due to the design error. The insurer agreed that a keel of the correct specification should be supplied and additional costs were settled by the insurer.

These two examples show why professional indemnity insurance is important for naval architects We are happy to provide professional indemnity insurance quotes for naval architects for the whole of Europe. So please visit Professional Insurance Agents where you can get an instant online quote and be on cover in a matter of minutes.

About the Author

Professional Indemnity Insurance (PI) is compulsory for most professional businesses and services. We are a specialist indemnity insurance broker, based in the UK able to offer cover worldwide.