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  • Colreg’s (ROR)
    • Index (Colreg’s)
    • Part A- General
      • Rule 1 – Application
      • Rule 2 – Responsibility
      • Rule 3 – General Definitions
    • Part B- Steering and Sailing
      • Section 1 (Rule 4 -10)
        • Rule 4 – Application
        • Rule 5 – Lookout
        • Rule 6 – Safe Speed
        • Rule 7 – Risk of collision
        • Rule 8 – Action to avoid collision
        • Rule 9 – Narrow Channels
        • Rule 10 – Traffic separation schemes
      • Section 2 (Rule 11 – 18)
        • Rule 11 – Application
        • Rule 12 – Sailing vessels
        • Rule13 – Overtaking
        • Rule 14 – Head on situation
        • Rule 15 – Crossing situation
        • Rule 16 – Action by give-way vessel
        • Rule 17 – Action by stand-on vessel
        • Rule 18 – Responsibilities between vessels
      • Section 3 (Rule 19)
        • Rule 19 – Conduct of vessels in restricted visibility
    • Part C- Lights and Shapes
      • Rule 20 – Application
      • Rule 21- Definitions
      • Rule 22 – Visibility of lights
      • Rule 23 – Power-driven vessels underway
      • Rule 24 – Towing and pushing
      • Rule 25 – Sailing vessels underway and vessels under oars
      • Rule 26 – Fishing vessels
      • Rule 27 – Vessels N.U.C or R.A.M
      • Rule 28 – Vessels constrained by their draught
      • Rule 29 – Pilot vessels
      • Rule 30 – Anchored vessels and vessels aground
      • Rule 31 – Seaplanes
    • Part D- Sound and Light Signals
      • Rule 32 – Definitions
      • Rule 33 – Equipment for sound signals
      • Rule 34 – Manoeuvring and warning signals
      • Rule 35 – Sound signals in restricted visibility
      • Rule 36 : Signals to attract attention
      • Rule 37 – Distress signals
    • Part E- Exemptions (Rule 38)
      • Rule 38 – Exemptions
    • Part F – Verification of compliance with the provisions of the Convention
      • Rule 39 – Definitions
      • Rule 40 – Application
      • Rule 41 – Verification of compliance
    • Annexes
      • Annex 1 – Positioning and technical details of lights and shapes
      • ANNEX II – Additional Signals for Fishing Vessels Fishing in Close Proximity
      • ANNEX III – Technical Details of Sound Signal Appliances
      • ANNEX IV – Distress Signals
  • Glossary
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Marine Insurance – Purpose, Principle, Warranties and General Average

Marine Insurance

Purpose of Marine Insurance Marine Insurance is an agreement whereby the insurer indemnified the assured in manner and extent provided, against losses incidental to marine adventure.Spreading of Risk - If a loss occurs, the insured will be put back into the same financial position as just before the loss. The insured must not profit from the loss. Aid to Security - This removes the uncertainty of a potential financial loss. Individuals and businesses are freer to expand without the need to set aside for reserves for the future. Aid to Credit - Loans are not advanced unless the … [Read more...]

By Cult of Sea Filed Under: Maritime Law Tagged With: actual total loss, average loss, constructive total loss, cover, expressed, extraordinarily, general average, implied, insurance, intentionally, marine adventure, Marine Insurance, reasonably, sacrifices, time charterer, voyage charterer, warranty

Protection & Indemnity Clubs

Pi-club

What is a P&I club? The roots of the Protection & Indemnity Club or a P&I club were founded in 18th century England. Those were the days of sailing ships and extremely slow and inefficient communication system. Ship owners and the underwriters had limited contact and the hull insurance did not cover all aspects of loss on board. A group of ship owners formed an association to provide each other insurance cover. This association was a non-profit making body controlled by a group of close-knit ship owners. These associations were named as Mutual Hull Insurance Clubs. The basic … [Read more...]

By Cult of Sea Filed Under: Maritime Law Tagged With: britannia protection & indemnity club, claim, clubs, covers, environment claim, fines, indemnity, insurance, overspill, p&i, premium, pro rata, protection, protection & indemnity club, protection & indemnity clubs london, spill, valorem

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