Loss or damage caused by: (1) perils of the seas, rivers, lakes or other navigable waters;
(2) fire, explosion; (3) violent theft by persons from outside the vessel; (4) jettison; (5) piracy; (6) contact with land conveyance, dock or harbour equipment or installation; (7) earthquake, volcanic eruption or lightning; (8) accidents in loading, discharging or shifting cargo or fuel. The policy also covers loss or damage caused by: (9) bursting of boilers, breakage of shafts or any latent defect in the machinery or hull; (10) negligence of Master, Officers, Crew or Pilots; (11) negligence of repairers or charterers, provided such repairers or charterers are not an Assured under the Policy; (12) barratry of Master, Officers or Crew; and (13) contact with aircraft, helicopters or similar objects, or objects falling therefrom, provided that in these last 5 cases the loss or damage did not result from want of due diligence by the assured, owners, managers or superintendents, or any of their onshore management (e. g. port captains). (Clause 6-Perils)
