Cult of Sea

Maritime Knowledge base

  • Home
  • Knowledge base
    • Bridge Equipment
    • Cargo Work
    • Deck
    • General
    • Gmdss
    • Maritime Law
    • Marpol
    • MLC 2006
    • Meteorology
    • Navigation
    • Safety
    • Security
    • Ship Construction
    • Ship Handling
    • Ship Stability
    • Shippie’s Escape
    • Surveys
    • Tankers
  • 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
  • Contact

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

mariner-gps
Simple Colregs COS Ad

Join Our List

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Powered with ♥ by Cult of Sea

instagram-button

What others are reading

Gmdss radio watch

GMDSS Watches to maintain at sea

Molasses – Carriage on Tankers

Gas Tanker Types

Gas Tanker – Types, Tanks, Reliquefaction & Cargo handling opertions

Part B - Section 2

Rule 17 – Action by stand-on vessel

Harmonized System of Survey and Certification

Harmonized System of Survey and Certification (HSSC)

Part C Lights and Shapes

Rule 20 – Application

Anchoring - Ship movement

Anchoring – An Effective means of Controlling Ship’s Movement

Part C Lights and Shapes

Rule 30 – Anchored vessels and vessels aground

Cargo Conditioning, Reliquefaction – Gas Tankers

alarp risk

What is ALARP and why do you need to know it?

Passage Planning

Passage Planning

Search Procedures & Stores Checks

Search Procedures & Stores Checks – ISPS (Merchant Ships)

Logbook

Official log book entries as per MSA 1958

Propeller Cavitation

Propeller Cavitation Explained – Cause, Types, Effects & Avoidance

Part B - Section 2

Rule 18 – Responsibilities between vessels


About Us | Terms | Contact Us | Sitemap | Marine Glossary (BETA)

Cult of Sea®™ · Made with ❤ by a small band of sailors