Beacon for small shipowners


Better protection: Liow presenting a cheque from the Seafarers Fund to Yahya Zuber at Masa’s new office in Putrajaya. Looking on are (from left) Masa vice-chairman Datuk Abdul Hak Md Amin, Masa chairman Nordin Mat Yusoff, Transport Ministry’s maritime division secretary Datuk Abdullah Yusuff Basiron and Marine Department director-general Datuk Baharin Datuk Abdul Hamid.

PUTRAJAYA: Affordable and competitive insurance coverage is on the way here for local small shipowners.

Transport Minister Datuk Seri Liow Tiong Lai said under the proposed Malaysia Protection and Indemnity (P&I) Club, such shipowners would be able to receive insurance cover for a wide range of liabilities including death, personal injury, property damage and wreck removal.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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