An event, or sequence of events, occurring directly or in connection with the operation of a seagoing ship and resulting in any of the following:
- The death of, or serious injury to, a person;
- The loss of a person from the ship;
- The loss, presumed loss or abandonment of the ship;
- Material damage to the ship;
- The stranding or disabling of the ship, or its involvement in a collision;
- Material damage to the marine infrastructure external to the ship that could seriously endanger the safety of the ship or another ship or individuals;
- Severe damage to the environment, or the potential for severe damage to the environment, brought about by the damage of the marine ship.
Note: Any accident during the normal operation of the ship, including when it is in port or at anchor is covered. Terrorist, other criminal acts and acts of war are excluded. Suicide is excluded as it is a deliberate act. Illness, not related to the operation of the ship is also excluded.