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A ship classification society or ship classification organisation is a non-governmental organization that establishes and maintains technical standards for the construction and operation of ships and offshore structures. Classification societies certify that the construction of a vessel complies with relevant standards and carry out regular ...
Comité Maritime International. London Maritime Arbitrators Association. v. t. e. Ship registration is the process by which a ship is documented and given the nationality of the country to which the ship has been documented. The nationality allows a ship to travel internationally as it is proof of ownership of the vessel. [1]
Recreational Craft Directive. The Recreational Craft Directive, Directive 2013/53/EU, originally Directive 94/25/EC on recreational craft[1] amended by Directive 2003/44/EC, is a European Union directive which sets out minimum technical, safety and environmental standards for boats, personal watercraft, marine engines and components in Europe.
Seaworthiness is a concept that runs through maritime law in at least four contractual relationships. In a marine insurance voyage policy, the assured warrants that the vessel is seaworthy. A carrier of goods by sea owes a duty to a shipper of cargo that the vessel is seaworthy at the start of the voyage. A shipowner warrants to a charterer ...
Sale and purchase of ship. The sale and purchase of ship is an important aspect of the shipping industry. It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining. To reduce the number of disputes and smoothen the sale and ...
Moreover, it is customary for marine surveyors to carry errors and omissions insurance, also referred to as professional indemnity insurance, as a form of protection against potential liabilities. A marine surveyor who is a member of a professional body such as the Society of Accredited Marine Surveyors (USA) or the International Institute of ...
Contents. Marine insurance. Marine insurance covers the physical loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination. [ 1 ][ 2 ] Cargo insurance is the sub-branch of marine insurance, [ 3 ] though marine insurance also ...
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