The following is taken from: http://www.businessinsurance.com/article/20120106/NEWS06/120109953?tags=%7C306%7C338%7C68%7C75%7C76%7C302#
The reader should read all of the article to properly understand these facts.
“Prior to the explosion, NDK become aware of a large crack in one of the vessel's lids. NDK temporarily ceased operations in 2007 and notified Nipponkoa of potential claims. Later in the year, NDK resumed operations, after which Nipponkoa warned NDK that it would not provide insurance coverage in the event of loss or damage as a result of operating the vessels in their current condition.”