The Function Of Protection & Indemnity Marine Insurance In Relation To Ship...

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eBay item number:184112971532
Last updated on Jun 21, 2025 22:07:25 PDTView all revisionsView all revisions

Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
Item Weight
0.35 lbs
ISBN
9781524628826
Publication Year
2016
Format
Trade Paperback
Language
English
Book Title
Function of Protection and Indemnity Marine Insurance in Relation to Ship Owner's Liability for Cargo Claims : Framing the Legal Context
Author
Joseph Tshilomb Jk Msc & Llm
Publisher
Authorhouse
Genre
Technology & Engineering
Item Length
0.4 in
Topic
Marine & Naval
Item Width
0.2 in
Number of Pages
112 Pages
Category

About this product

Product Identifiers

Publisher
Authorhouse
ISBN-10
1524628824
ISBN-13
9781524628826
eBay Product ID (ePID)
238013745

Product Key Features

Publication Year
2016
Book Title
Function of Protection and Indemnity Marine Insurance in Relation to Ship Owner's Liability for Cargo Claims : Framing the Legal Context
Topic
Marine & Naval
Number of Pages
112 Pages
Language
English
Genre
Technology & Engineering
Author
Joseph Tshilomb Jk Msc & Llm
Format
Trade Paperback

Dimensions

Item Length
0.4 in
Item Width
0.2 in

Additional Product Features

TitleLeading
The
Dewey Edition
23
Dewey Decimal
368.22
Synopsis
In the early days of shipping and international maritime trade many more casualties occurred at sea. Ever since, ship owner's liability for cargo claims has been increasing both in number and in cost in spite of the huge technical development in international maritime transport. In order to make it easier for ship owners to operate safely and efficiently the Protection and Indemnity appeared around 1870 as mutual marine insurance. Besides Hull & Machinery and Cargo Insurance offered on the international commercial market in insurance, Protection and Indemnity Insurance (known under the acronym "P&I") is a ship owner s insurance cover for legal liabilities to third parties. This cover is generally achieved by entering the ship in a mutual insurance club. Nowadays, the mutuality is performed by an underwriter who endeavors to see that each owner carries his fair share of the risk. The members of P&I clubs are ship owners, charterers or ship management companies. At present, a major function of the Protection and Indemnity insurance is to cover the ship owner for legal and contractual liability for loss of cargo or damage to cargo if there has been a breach of the carriage contract. This liability is called "Third party liability." The ship owner will handover the cargo claim to his P&I Club. In order to clarify this liability, Article 3, Paragraph 2 of the Hague Visby rules stipulates: "Subject to the provisions of Article 4... the carrier shall properly and carefully load, handle, stow, carry, keep, care for and discharge the goods carried." Therefore, the focus in this research study is placed on the function of Protection and Indemnity insurance covering the ship owner s liability for damage to cargo or loss of cargo., In the early days of shipping and international maritime trade many more casualties occurred at sea. Ever since, ship owner's liability for cargo claims has been increasing both in number and in cost in spite of the huge technical development in international maritime transport. In order to make it easier for ship owners to operate safely and efficiently the Protection and Indemnity appeared around 1870 as mutual marine insurance. Besides Hull & Machinery and Cargo Insurance offered on the international commercial market in insurance, Protection and Indemnity Insurance (known under the acronym "P&I") is a ship owner's insurance cover for legal liabilities to third parties. This cover is generally achieved by entering the ship in a mutual insurance club. Nowadays, the mutuality is performed by an underwriter who endeavors to see that each owner carries his fair share of the risk. The members of P&I clubs are ship owners, charterers or ship management companies. At present, a major function of the Protection and Indemnity insurance is to cover the ship owner for legal and contractual liability for loss of cargo or damage to cargo if there has been a breach of the carriage contract. This liability is called "Third party liability." The ship owner will handover the cargo claim to his P&I Club. In order to clarify this liability, Article 3, Paragraph 2 of the Hague Visby rules stipulates: "Subject to the provisions of Article 4... the carrier shall properly and carefully load, handle, stow, carry, keep, care for and discharge the goods carried." Therefore, the focus in this research study is placed on the function of Protection and Indemnity insurance covering the ship owner's liability for damage to cargo or loss of cargo.

Item description from the seller

About this seller

Prepbooks

99.4% positive feedback831K items sold

Joined Aug 2013
Prepbooks- Here at Prepbooks we sell an array of books at a great price. We pride ourselves on quality products and ensure that our customers receive the item they pay for. If you every have any ...
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