Author: Svante O. JohanssonPublisher:
ISBN:
Category : Liability insurance
Languages : en
Pages :
Book Description
The Function of Cargo and Liability Insurance in Multimodal Transport
Author: Svante O. JohanssonPublisher:
ISBN:
Category : Liability insurance
Languages : en
Pages :
Book Description
The Function of Protection & Indemnity Marine Insurance in Relation to Ship Owner ́S Liability for Cargo Claims
Author: Joseph Tshilomb JK, LLM;MScPublisher: AuthorHouse
ISBN: 1524628840
Category : Technology & Engineering
Languages : en
Pages : 109
Book Description
In the early days of shipping and international maritime trade many more casualties occurred at sea. Ever since, ship owners liability for cargo claims has been increasing both in number and in cost in spite of the huge technical development in international maritime transport. In order to make it easier for ship owners to operate safely and efficiently the Protection and Indemnity appeared around 1870 as mutual marine insurance. Besides Hull & Machinery and Cargo Insurance offered on the international commercial market in insurance, Protection and Indemnity Insurance (known under the acronym P&I) is a ship owners insurance cover for legal liabilities to third parties. This cover is generally achieved by entering the ship in a mutual insurance club. Nowadays, the mutuality is performed by an underwriter who endeavors to see that each owner carries his fair share of the risk. The members of P&I clubs are ship owners, charterers or ship management companies. At present, a major function of the Protection and Indemnity insurance is to cover the ship owner for legal and contractual liability for loss of cargo or damage to cargo if there has been a breach of the carriage contract. This liability is called Third party liability. The ship owner will handover the cargo claim to his P&I Club. In order to clarify this liability, Article 3, Paragraph 2 of the Hague Visby rules stipulates: Subject to the provisions of Article 4 the carrier shall properly and carefully load, handle, stow, carry, keep, care for and discharge the goods carried. Therefore, the focus in this research study is placed on the function of Protection and Indemnity insurance covering the ship owners liability for damage to cargo or loss of cargo.
Multimodal Transport
Author: Anthony DiamondPublisher:
ISBN:
Category : Carriers
Languages : en
Pages : 136
Book Description
Extensive capital investment by companies involved in multimodal transport industry has led to a more efficient industry in which customers are better served. The legal infrastructure has kept pace with neither technological development nor changes in functions of participants and therefore, there are numerous legal problems. This text covers the major legal questions encountered by participants in the multimodal transport industry. It offers advice on how to prevent these questions arising. It devotes four chapters to the day-to-day problems of cargo interests, forwarders, operators and cargo handling operators seeking resource for claims. The book provides plans of action designed to eliminate the possibility of legal disputes and claims arising in each of the above areas. It also identifies the deficiencies of the most recent international convention covering multimodal transport and provides concise practical replies to each of the following questions: which liability scheme applies?; what are the financial limits of liability?; and what is the time period within which claims must be brought?
Multimodal Transport
Author: Ralph de WitPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 656
Book Description
This work covers the common carrier liability and documentation issues. The book includes a comparative study of the law in six countries (Belgium, France, Germany, The Netherlands, the United Kingdom and the USA) regarding multimodal transport encompassing the various modes of transport. In addition, the general law of obligations (contract and tort), which differs considerably between states has been provided, taking into account how it applies to a multimodal contract.
Insurance and Liability Systems in International Multimodal Transportation
Author: Canadian Transport Commission. Directorate of Transport Industry AnalysisPublisher:
ISBN:
Category : Freight insurance
Languages : en
Pages : 206
Book Description
Is it Time for a Change?
Author: Cargo, Liability and Self-insurance in Considering Uniformity of Intermodal (ocean & Land) Carrier Liability Regimes in the United States, Canada and Internationally
Author: Maria Eleftheria KatsivelaPublisher: Montréal : Centre for Research on Transportation = Centre de recherche sur les transports (C.R.T.)
ISBN:
Category :
Languages : en
Pages : 33
Book Description
Intermodal Transportation
Author: Joseph Tshilomb JKPublisher: AuthorHouse
ISBN: 1524643513
Category : Transportation
Languages : en
Pages : 131
Book Description
Transportation technologies in the field of unitization of goods, which culminated in the advent of containerization, have led to the subsequent development of intermodal transport featured by the integration of the following modes of carriage of goods: airways carriage, carriage by sea, inlands waterways, railways, and truck services. Whereas the technical, commercial, and economic aspects of the international intermodal transportation have been adequately addressed in scholarly publications, the legal regime related to the liability of the intermodal carrier is still unpredictable, quite unreliable, and does not respond to the requirements of the intermodal transportation for the purpose of the promotion of the global economy. At present, transport in carriage of goods means getting goods delivered from the producer to the consumer. The process would more likely involve an international intermodal carriage. The unpredictable, inadequate, and uncertain liability regime in international carriage of goods, as referred to previously, has a significant impact on the insurance schemes available in intermodal transportation. As a consequence, the insurance industry has been coping with conflicting laws and regulations while settling claims arising from frequent and high capital-intensive risks in the international intermodal carriage of goods.
Air Cargo Insurance
Author: Malcolm ClarkePublisher: CRC Press
ISBN: 1317645081
Category : Law
Languages : en
Pages : 177
Book Description
Approximately 40 per cent of value of international trade comes from goods carried by air, and the consequences of goods being damaged, destroyed or delayed can be serious, substantial, and perhaps unforeseen. This exciting new book is the only one on the market that deals exclusively with air cargo insurance, and will therefore, be a vital addition to the collection of any practitioner, professional or academic working in the field. Air Cargo Insurance analyses the model policies and standard terms and conditions on the London markets. The authors also provide readers with an invaluable perspective on cases in other jurisdictions, and the book discusses freight forwarders’ relations with airlines and addresses the possibility of recovery from third parties. This book, written by two of the leading experts in the field, provides invaluable guidance to practitioners, arbitrators and cargo-claims professionals. It will help to ensure that air cargo insurance contracts are better drafted and enforceable, as well as assisting in cases of disputed claims. Academics and postgraduate students specialising in the areas of in air and insurance law will also find this book extremely useful.
Cargo Liability Study
Author: United States. Department of TransportationPublisher:
ISBN:
Category : Shipment of goods
Languages : en
Pages : 74
Book Description