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A Guide to Managing Maintenance in Accordance with the Requirements of the ISM Code (IACS Rec 74) Strait of Gibraltar Proximate cause – Policy perils

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Proximate cause – Policy perils – Institute commodity trades clauses (Modified exclusions) – Actual total loss – Constructive total loss – Salvage loss – Particular average – Particular charges – Extra charges – Sue & labour charges – Salvage charges – Natural (ordinary) loss – Loan agreement

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2 The International Grain Code

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A Guide to Managing Maintenance in Accordance with the Requirements of the ISM Code (IACS Rec 74) Strait of Gibraltar Proximate cause – Policy perilsOverview This document aims to assist ship operators in meeting the requirements of the ISM Code with respect to shipboard maintenance. It provides guidance on the development and improvement of maintenance management systems by establishing the principles on which they should be based, and by identifying their fundamental elements. The management of shipboard maintenance is often regarded as an entirely technical matter, somehow unrelated to safety

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