Limited LiabilityLimited LiabilityCreated OnFebruary 8, 2018byCult of Sea Print You are here: Glossary L Limited Liability < Back to Glossary IndexThe law that permits a shipowner to restrict his liability to the value of this vessel after the accident plus the earnings for the voyage.Related:Arrived shipCOA (Contract of Affreightment)Ballast bonus (BB)Act of GodConstructive Total LossCancelling date or Laycan
Limited LiabilityCreated OnFebruary 8, 2018byCult of Sea Print You are here: Glossary L Limited Liability < Back to Glossary IndexThe law that permits a shipowner to restrict his liability to the value of this vessel after the accident plus the earnings for the voyage.Related:Arrived shipCOA (Contract of Affreightment)Ballast bonus (BB)Act of GodConstructive Total LossCancelling date or Laycan