BUILDERS' RISK · JH143 FRAMEWORK
Shipyard Risk Assessment
Independent yard surveys for builders' risk underwriters, brokers and builders, structured on the Joint Hull Committee JH143 shipyard risk assessment framework.
Surveyed and reported by Thomas Blenk: American Bureau of Shipping, including new construction survey in Korea, then Vice President, North Pacific from Busan, running eight district offices and more than 500 staff, and latterly Corporate Vice President, Global Marine Sectors.
What's Included
- Yard survey structured on the Joint Hull Committee JH143 shipyard risk assessment framework
- Fire prevention and hot work control, the exposure that drives builders' risk losses
- Housekeeping, storage and vessel under construction exposure, berth by berth and shed by shed
- Quality system, subcontractor control and outfitting quay risk review
- Ratings and prioritized recommendations an underwriter can price and a yard can act on, including launch, float out and trials movements
How We Engage
- 1
Agree scope with the underwriter, broker or yard, and fix the survey dates.
- 2
Survey the yard: berths, docks, quays, sheds, systems, records and subcontractor arrangements.
- 3
Report with ratings, findings, photographs and prioritized recommendations.
Outcomes
We survey and we report. Rating, pricing and conditioning decisions remain with underwriters, and our findings are advisory unless underwriters choose to make them a condition of cover. Our reports are prepared for the party that instructs us and for the purpose stated in the engagement. Reliance by any other party requires our written agreement.
YOUR REVIEWER
Thomas Blenk
American Bureau of Shipping, latterly Corporate Vice President, Global Marine Sectors. Deputy Commissioner of Maritime Affairs, Republic of the Marshall Islands.
Survey the yard before you price it.
Tell us the yard, the exposure and the renewal date.