10 Aug 2011

Insurance cover details issued by port company

5:46 am on 10 August 2011

Port Lyttelton says it has obtained 100% cover on its material damage policy for the year to July 2012.

The company says this covers it for assets except wharves, breakwaters and pavements and excludes cover for natural disasters including earthquakes.

The port has been unable to secure business interruption cover, but is continuing to work with its brokers and insurers.