1991.01-01

Notwithstanding anything contained in this Policy to the contrary it is agreed to allow the vessel to engage in lightering operations and/or cargo loading or discharging from or into another vessel or at sea. Subject always that the operations are carried out in a seamanlike manner, including but not limited to adequate fendering, at conditions that ensure the safety of the insured vessel and the other vessel to the satisfaction of the Master.

The Policy deductible shall be applicable in respect of the aggregate of all claims arising out of said operation during the period of each operation where operation is interpreted to mean the time from mooring until unmooring of each single vessel.