Specialised Marine Insurance · Saldanha Bay

Marine Insurance for Saldanha Bay Operations and Iron Ore Exports

Berkley Risk arranges specialised marine insurance for businesses operating through Saldanha Bay, South Africa’s deepwater bulk terminal on the West Coast and the largest iron ore export facility in Africa. Saldanha handles the Sishen-Saldanha railway iron ore flow, growing manganese export volumes, and increasingly serves as an industrial development hub for green hydrogen and renewable-aligned heavy industry. Each cargo class and operational profile has its own marine risk requirements, and Saldanha-specific exposures differ markedly from container-port marine cover. All cover is subject to underwriting and final policy wording.

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Key Areas Covered

Our specialised marine insurance solutions cover every aspect of your maritime operations, ensuring comprehensive protection from a wide range of risks.

Hull and Machinery Insurance

Protection for Physical Assets:
Covers damage to the vessel’s structure and machinery due to perils such as sea conditions, fire, explosion or collision.

Comprehensive Options:
Includes additional coverage for war risks, piracy, and malicious damage.

Cargo Insurance

Securing Your Goods:
Protects against loss or damage to cargo during transit by sea, air or land.

Tailored Policies:
Offers coverage options for all types of cargo, including perishables, high-value items, and hazardous materials.

Protection and Indemnity (P&I) Insurance

Liability Coverage:
Protects against third-party liabilities, including bodily injury, property damage and pollution incidents.

Crew and Passenger Coverage:
Includes medical expenses and repatriation costs for crew and passengers.

Marine Liability Insurance

Comprehensive Liability Protection:
Covers legal liabilities arising from marine operations, including collision, pollution and wreck removal.

Specialised Coverage:
Options available for ship repairers, terminal operators, and shipowners.

Loss of Hire Insurance

Income Protection:
Covers loss of income if a vessel is out of service due to damage or repairs.

Minimizing Financial Impact:
Helps manage cash flow during downtime.

Marine War and Terrorism Insurance

Risk Mitigation:
Protects against risks arising from acts of war, terrorism and political instability.

Why Choose Berkley Risk?

Expertise in Marine Insurance:

Our team has in-depth knowledge of the maritime industry and its unique risks.

Customised Solutions:

We tailor insurance policies to meet the specific needs of each client.

Global Network:

Access to a worldwide network of underwriters and claims professionals ensures prompt and efficient service.

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Years of Experience

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Specialised Products

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Annual Premiums

Specialised Marine insurance: locations we serve

Berkley Risk arranges Specialised Marine insurance for businesses across South Africa and selected African markets. Explore our location-specific pages or contact us if your area is not listed.

Make an Appointment

Ready to secure your business with tailored insurance solutions? Fill out the form below to schedule an appointment with one of our specialists. We look forward to providing you with personalised guidance and exceptional service.

Saldanha Bay marine considerations

Iron ore bulk handling creates loading and weather-exposure risks that differ from containerised cargo. Bulk loading operations require specific marine cargo cover that addresses loading damage, weather delays during loading, and the cumulative exposure of high-value bulk consignments. Sums insured per consignment can exceed R200 million on a single iron ore shipment.

The Sishen-Saldanha railway corridor (the longest dedicated heavy-haul iron ore railway in Africa) creates inland transit exposure that should be covered under combined marine and inland transit policies. Cargo in transit on the railway corridor, in stockpile at Saldanha, and during ship loading needs continuous cover under one programme.

Saldanha’s growing green hydrogen industrial development creates new marine exposure categories. Specialist plant equipment imports, hydrogen production module deliveries, and export of processed products will require marine cover structures that are still evolving in the SA market.

Naval base proximity (Saldanha houses an SA Navy facility) creates specific exclusions and underwriting questions for commercial marine cover in the area. Brokers experienced in the local commercial / naval interface can structure cover that satisfies both insurer and operational requirements.

Berkley Risk (Pty) Limited (Registration Number 2017/412000/07) is an authorised Financial Services Provider under the Financial Advisory and Intermediary Services Act No 37 of 2002 – FSP#54407

Berkley Risk (Pty) Limited (Registration Number 2017/412000/07)

Authorised Financial Services Provider under the Financial Advisory and Intermediary Services Act No 37 of 2002 – FSP#54407