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Preferred ship mortgages; Claims under maritime contracts for repairs, supplies, towage, pilotage and a wide variety of other “necessaries” Claims for maritime torts including personal injury and death, and collision claims; Claims for the damage or loss of cargo; Claim by the carrier of cargo for unpaid freight and demurrage; Pollution claims
The SAR Convention covers search and rescue at sea, as seen here in the rescue of shipwrecked survivors. The International Convention on Maritime Search and Rescue (SAR Convention) is a maritime safety convention of the International Maritime Organization.
USS Regulus hard aground in 1971 due to a typhoon: after three weeks of effort, Naval salvors deemed it unsalvageable.. Marine salvage takes many forms, and may involve anything from refloating a ship that has gone aground or sunk as well as necessary work to prevent loss of the vessel, such as pumping water out of a ship—thereby keeping the ship afloat—extinguishing fires on board, to ...
A co-insurance, which typically governs non-proportional treaty reinsurance, is an excess expressed as a proportion of a claim in percentage terms and applied to the entirety of a claim. Co-insurance is a penalty imposed on the insured by the insurance carrier for under reporting/declaring/insuring the value of tangible property or business income.
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If the ship was properly abandoned under the orders from the master, the vessel's own crews who saved the vessel or cargo on board were entitled to claim salvage. In the case of the Master's discharge of crew concerned, the Warrior Lush (476) case ruled that if the crew is properly discharged by the master, their employment contract is validly ...
AMVER, or Automated Mutual-Assistance Vessel Rescue is a worldwide voluntary reporting system sponsored by the United States Coast Guard. It is a computer-based global ship-reporting system used worldwide by search and rescue authorities to arrange for assistance to persons in distress at sea.