-
VIT
VARIABLE INJECTION TIMING IS A METHOD IN WHICH THE TIMING OF FUEL INJECTION IS ALTERED FOR BETTER THERMAL AND POWER EFFICIENCY AND LOWER THE SPECIFIC FUEL CONSUMPTION. NOW THE QUESTION […] Continue Reading →
-
INSURANCE WARRANTY
WARRANTY WARRANTY IS A CONDITION WHICH MUST BE EXACTLY COMPLIED WITH, WHETHER IT BE MATERIAL TO THE RISK OR NOT. IF IT IS NOT SO COMPLIED WITH, THEN, SUBJECT TO […] Continue Reading →
-
P&I CLUB INSURANCE
IT IS A SHIPOWNERS INSURANCE COVER FOR LEGAL LIABILITIES TO THE THIRD PARTIES. THE LEGAL LIABILITIES ARE DECIEDED IN ACCORDANCE WITH THE LAWS OF THE COUNTRY WHERE AN ACCIDENT TAKES […] Continue Reading →
-
MARINE INSURANCE- “PRINCIPLE OF SUBROGATION” AND ITS TYPE:
FIRST OF ALL WE HAVE TO KNOW WHAT SUBROGATION MEANS, IT REFERS TO THE ROCESS BY WHICH THE INSURANCE COMPANY OF THE ASSURED COLLECTS MONEY FROM THE PARTY AT FAULT […] Continue Reading →
Empowering Mariners with Better Knowledge
