As part of an environmental protest, the superyacht Kaos was recently spray-painted while berthed at a marina in Ibiza – and it’s a wake-up call for marina managers, captains and boat owners worldwide. While in Australia it’s generally considered that standards in providing the relevant security and insurance are high, it can’t be assumed that all marinas or piers around the globe carry the necessary coverage.
Given the practical realities of cruising from port to port, this transient situation may not always allow for the review of security or insurance policy coverage.
Therefore, ensuring the vessel’s security systems are up-to-date and its insurance policy indemnifies the owner against vandalism is paramount given the difficulties when trying to claim damages through the court system.
