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PURPOSE OF BILL OF LADING
BILL OF LADING COMMONLY SERVES THREE PURPOSE: EVIDENCE OF THE CONTRACT OF CARRIAGE: 1. THE BILL OF LADING IS EVIDENCE OF THE CONTRACT OF CARRIAGE. 2. IT IS NOT THE […]
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BANNING OF SHIP
Refusal of Access (banning) There are three reasons for which a ship to be refused access to ports in the Paris MoU region: When a ship has been detained 3 […]
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2001 BUNKER OIL POLLUTION CONVENTION
The 1992 CLC and 1992 Fund Convention cover bunker oil pollution damage only if the bunker oil escapes from a ship “constructed or adapted for the carriage of oil as […]
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2003 SUPPLEMENTARY FUND PROTOCOL
The 2003 Supplementary Fund Protocol provides for a third tier of compensation in cases where the protection afforded under the 1992 CLC and the 1992 Fund Convention is inadequate. Only […]
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1992 FUND CONVENTION
A second tier of compensation is available under the 1992 Fund Convention for pollution damage suffered in a Contracting State to that Convention. However, only Contracting States to the 1992 […]
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CLC’69 VS CLC’92
Both the 1969 CLC and the 1992 CLC are in force and continue to coexist at the international level. The two conventions share central features, but differ in some respects, […]
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CLC’92, FUND CONVENTION AND SUPPLEMENTARY PROTOCOL
THIS IS AN EXCEL SHEET FOR SIMPLIFIED EXPLANATION OF CLC’92, FUND CONVENTION AND SUPLLEMENTARY PROTOCOL. DOWNLOAD TO READ
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MARINE INSURANCE-“REINSURANCE AND ITS TYPES”
WE ALL KNOW WHAT INSURANCE IS. MOST INDIVIDUAL OR COMPANIES TAKE INSURANCE FROM DIFFERENT INSURANCE COMPANY TO PROTECT THEMSELVES FROM ANY FINANCIAL LOSS THAT MAY OCCUR IF THE SUBJECT MATTER […]