Over 35 years of expertise in handling all types of marine claims
Hellenic Marine Adjusters S.A. was formed in January 2015 by Mr. George Kastanas, an Average Adjuster with 35 years working experience in the profession.
Having worked for Richards Hogg International, Manley Hopkins Son & Cookes Ltd and Associated Marine Adjusters Ltd, Mr. George Kastanas has an extensive knowledge in all aspects of marine insurance claims.
He is also a member of Association Mondiale de Dispacheurs.
Athanasios Avdimiotis is a graduate from the University of Crete with a postgraduate degree in Shipping from the University of Cardiff.
He is an Associate of the Association of Average Adjusters.
He is also a Fellow of the Institute of Chartered Shipbrokers.
George Kastanas Jr. is a graduate in Travel & Tourism and worked in the operations department of Aegean Airlines for a number of years.
He joined the company in charge of finance & administration.
Where an extraordinary sacrifice or expenditure is voluntarily and reasonably made or incurred in time of peril for the purpose of preserving the property involved in the common maritime adventure, the party on whom the loss falls is entitled, subject to the conditions imposed by maritime law, to a contribution from the other interested parties in the adventure.
Under the normal policy of insurance the underwriters will be liable to pay for damage to other vessels or their cargoes following a collision, together with any legal costs which have been incurred with their consent. Some policies (e.g. American Institute Hull Clauses – Hulls – 2.6.77) provide for such damages and costs to be paid in full, while others (e.g. Institute Time Clauses – Hulls – 1.10.83 and 1.11.95) only pay 3/4ths of these items. In the latter case the balance of 1/4th will generally be recoverable from a Protection and Indemnity Association depending upon the terms of the vessel’s entry.
Collision liability / recovery claims are prepared on the agreed percentage of blame basis.
Some casualties may result in a significant period of off-hire and loss of earnings for the damaged vessel. Loss of Hire cover is based on days (or part of days) at an agreed daily rate when the vessel is off-hire due to a claim recoverable under the Hull and Machinery insurance. When the period of repairs exceeds an agreed number of days – commonly 14 days – the assured has a valid claim under the cover.
3, Agiou Nikolaou St., Piraeus, 185 37, Greece
London, Houston and Istanbul