INSTITUTE CLASSIFICATION CLAUSE
THE MARINE TRANSIT RATES AGREED FOR THIS INSURANCE APPLY ONLY TO CARGOES AND/OR INTERESTS CARRIED BY MECHANICALLY SELF-PROPELLED VESSELS OF STEEL CONSTRUCTION, CLASSED AS BELOW BY ONE OF THE FOLLOWING CLASSIFICATION SOCIETIES,
Lloyd's Register American Bureau of Shipping
Bureau Veritas .. Germanischer Lloyd Korean Register of shiapping
Nippon Kaiji Kyokai Norske Veritas Registro Italiano Register of Shipping of the U.S.S.R.
Polish Register of Shipping		 100A1 or B.S.
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1 3/3 E
100A4



KRS1
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1A1 ¡Ú100A1,1,Nav.L
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¡ØKM		 Class without any modification

PROVIDED SUCH VESSELS ARE

(i) not over 15 years of age, OR
(ii) over 15 years outage but not over 25 years orate and have established an maintained a regular pattern of trading on and advertised schedule to load and unload at specified ports.

CHARTERED VESSELS AND ALSO VESSELS UNDER 1000 G.R.T. WHICH ARE MECHANICALLY SELF-PROPELLED AND OF STEEL CONSTRUCTION MUST BE CLASSED AS ABOVE AND NOT OVER 15 YEARS OF AGE.

THE REQUIREMENTS OF THE INSTITUTE CLASSIFICATION CLAUSE DO NOT APPLY TO ANY CRAFT, CRAFT OR LIGHTER, USED TO LOAD OR UNLOAD THE VESSEL, WHILST THEY ARE WITHIN THE PORT AREA.

CARGOES AND/OR INTERESTS CARRIED BY MECHANICALLY SELF- PROPELLED VESSELS NOT FALLING WITHIN THE SCOPE OF THE ABOVE ARE HELD COVERED SUBJECT TO A PREMIUM AND ON CONDITIONS TO BE AGREED.

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