OREANDA-NEWS. March 3, 2010. Ingosstrakh OJSIC’s branch in Petropavlovsk-Kamchatstky entered into a contract with East Line Reefer Shipping Co. Ltd. and provided hull insurance for its ship Frost Olympos, built in 1980.

The total insured amount under the contract is 2 mln US dollars. The insured item is the hull, machines, equipment; the contract also includes liability for total loss and damage.

Ingosstrakh OJSIC’s branch in Petropavlovsk-Kamchatstky and East Line Reefer Shipping Co. Ltd. have been cooperating in the field of sea vessel insurance and shipowner’s liability insurance since 2006.

East Line Reefer Shipping Co. Ltd. was established in February 2005 to organize regular transportation of frozen fish products from the Petropavlovsk-Kamchatsky port and the fisheries near the Kamchatka peninsula to the ports of Vladivostok, Pusan and to the ports of China and Japan, as well as development of other fields of commercial sea transport, including transportation to Kamchatka of automotive equipment, refrigeration and other general cargo from the above ports, including transportation of automotive equipment from the Japanese ports of Niigata and Abasiri. The company owns the refrigerated cargo ship Frost Olympos, with a deadweight of 4,392 t.