Maritime & Marine Insurance Policy

At Jayanth Ocean Vision Pvt Ltd, we understand that the ocean economy involves high-value assets and operations that face unique risks.

Maritime & Marine Insurance Policy

At Jayanth Ocean Vision Pvt Ltd, we understand that the ocean economy involves high-value assets and operations that face unique risks. From shipping vessels and offshore platforms to fisheries, ports, and coastal infrastructure, marine insurance policies are essential to safeguard investments, promote resilience, and ensure the smooth functioning of the Blue Economy.

What is Marine Insurance?

Marine insurance provides financial protection against loss or damage to ships, cargo, terminals, offshore platforms, and other marine-related assets during transport or operation. It covers risks arising from natural hazards, accidents, piracy, or operational failures.

Types of Marine Insurance

Hull & Machinery Insurance

Protects vessels and offshore platforms against physical damage.

Cargo Insurance

Covers goods transported by sea against damage, loss, or theft.

Freight Insurance

Safeguards shipping companies from financial loss of freight charges.

Protection & Indemnity (P&I) Insurance

4. Provides liability coverage for shipowners (crew injury, pollution, third-party claims).

Offshore Energy Insurance

Covers risks for wave, wind, tidal, and oil & gas platforms.

Fisheries & Aquaculture Insurance

Protects small-scale fishers and aquaculture farms against natural disasters, disease, and loss.

Importance for the Blue Economy

Risk Reduction

Protects investors, governments, and communities from economic shocks.

Climate Resilience

Shields coastal infrastructure from rising sea levels, storms, and extreme events.

Encouraging Investment

Secure insurance frameworks attract global finance into marine projects.

Community Empowerment

Supports small fishers and coastal livelihoods through microinsurance schemes.

Our Role

At Jayanth Ocean Vision, we promote marine policy frameworks that integrate insurance, climate finance, and risk management to ensure that the Blue Economy thrives while remaining resilient against future uncertainties.

Vessel detection

Track and Observe the Movement of Maritime Vessels with Ocean’s Automated Detection Feed

Utilize Ocean’s Vessel Detection Feed to automatically monitor ports and coastlines across the globe at 3.7-meter resolution. Leverage Ocean’s satellite imaging and data analysis to detect maritime vessels, observe dark activity, protect against spoofing, and validate the AIS data of vessels.

Establish a Baseline of Port Activity

Monitor port activity for anomalies in ship count patterns or vessel behavior

Identify Traffic in AOI

Monitor ship movement within areas of strategic interest

Detect Suspicious Activity

Observe transshipments, detect unusual activity, and monitor vessels at near-daily frequency

Fill Data and Intelligence Gaps

Monitor vessels even in absence of AIS signals

Maritime satellite monitoring

Monitor Large and Remote Maritime Areas of Interest with Ocean’s Range of Satellite Solutions

Ocean’s high cadence satellite monitoring and data analysis provides a consistent and complete overview of activity across your waters, ports, and coastlines. Through daily imaging, the nature and frequency of activity can be ascertained and responded to promptly.

Monitor Maritime Pollution

Identify spillage and pollutants in open waters

Protect Marine Conservation Areas

Patrol large areas of ocean remotely

Track Vessels Remotely

Monitor fishing boats, cargo ships, oil tankers, navy vessels, and transshipments

Monitor Illegal Activity

Track vessels used for illegal fishing, drug trafficking, and human trafficking

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