Search results for: “special marine policy”
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Special Marine Policy
Special Marine Policy in International Trade Meaning of Special Marine Policy, according to the Dictionary of International Trade (Global Negotiator): An insurance policy which is issued to cover a single shipment. The special marine policy form calls for the name of the vessel and sailing […]
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Marine Pollution
Embracing mainstream international law, this section on marine pollution explores the context, history and effect of the area of the law covered here. Resources See Also Transport Transportation Means Transport Law Transport Contract Resources Further Reading The entry "marine […]
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Marine Pollution
Embracing mainstream international law, this section on marine pollution explores the context, history and effect of the area of the law covered here. Resources See Also Transport Transportation Means Transport Law Transport Contract Resources Further Reading The entry "marine […]
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Special Cargo Policy
A marine cargo policy issued to cover a specific shipment. A special policy may be issued when the shipper infrequently transports goods by water, or when the merchandise is so unusual or so valuable as to warrant a special policy. Frequent shippers customarily obtain an Open Policy (<a […]
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Open Policy
Marine insurance policy issued to cover various unspecified voyages over the life of the policy. An open policy is issued to a firm engaged in extensive shipping transactions, the details of which are probably unknown at the time the policy is issued; usually, the policyholder declares his […]
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Open Marine Cargo Insurance Policy
Open Marine Cargo Insurance Policy in International Trade Meaning of Open Marine Cargo Insurance Policy, according to the Dictionary of International Trade (Global Negotiator): A type of insurance policy intended to cover an indefinite number of future individual shipments. The insurance […]
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Right or Abandonment in Marine Insurance, Historical
Right or Abandonment in Marine Insurance, Historical Election to Abandon The insured is never obliged to abandon ; he may always elect to retain the property and recover for a partial loss. But if he wishes to claim for a total loss, he must abandon if the loss is merely constructively total. Limitations of the…
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Right or Abandonment in Marine Insurance, Historical
Right or Abandonment in Marine Insurance, Historical Election to Abandon The insured is never obliged to abandon ; he may always elect to retain the property and recover for a partial loss. But if he wishes to claim for a total loss, he must abandon if the loss is merely constructively total. Limitations of the…
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Protection & Preservation of the Marine Environment 3
Protection & Preservation of the Marine Environment Article 211 Pollution from vessels 1. States, acting through the competent international organization or general diplomatic conference, shall establish international rules and standards to prevent, reduce and control pollution of the marine environment from vessels and promote the adoption, in the same manner, wherever appropriate, of routeing…
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Convention for the Prevention of Marine Pollution from Land-Based Sources
Convention for the Prevention of Marine Pollution from Land-Based Sources Article 1 1. The Contracting Parties pledge themselves to take all possible steps to prevent pollution of the sea, by which is meant the introduction by man, directly or indirectly, of substances or energy into the marine environment (including estuaries) resulting in such deleterious…
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Dictionary of International Trade
Dictionary of International Trade Dictionary of International Trade (Global Negotiator) Contents The Dictionary of International Trade of Global Negotiator include, among others, the following terms and acronyms: Back haul Back letter Back order Back to back letter of credit Backhauling Bad faith BAF Bailee Bailment Balance of payments Balance of trade Bale Bank acceptance Bank…
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Dictionary of International Trade
Dictionary of International Trade Dictionary of International Trade (Global Negotiator) Contents The Dictionary of International Trade of Global Negotiator include, among others, the following terms and acronyms: Back haul Back letter Back order Back to back letter of credit Backhauling Bad faith BAF Bailee Bailment Balance of payments Balance of trade Bale Bank acceptance Bank…
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Delay Clause
Delay Clause in International Trade Meaning of Delay Clause, according to the Dictionary of International Trade (Global Negotiator): An insurance policy clause that excludes claims for loss of market and for loss, damage or deterioration arising from delay. This exclusion appears in almost […]
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Cargo Insurance Certificate
Cargo Insurance Certificate in International Trade Meaning of Cargo Insurance Certificate, according to the Dictionary of International Trade (Global Negotiator): A document indicating the type and amount of insurance coverage in force on a particular shipment. Used to assure the consignee […]
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Public International Law
Summary of Public International Law The body of international law that governs the conduct of a nation as a sovereign entity in its relations with other nations. It does not deal with the international activities of private individuals or firms. (Main Author: William J. Miller) […]