Legal Principles in Shipping Business describes the way that shipping law affects how the industry conducts itself. It explains the nuts and bolts of charter parties and different types of shipping documentation, and describes the principles and the essential ingredients of contract law.
It explores issues of organization, technical management, crewing and behavioral issues, chartering and post fixture, risk management, finance, legal aspects of international conventions and regulations, attainment of safety, security and marine insurance, as well as ocean governance and sustainability. As such, the book offers a vital reference guide for maritime companies and organizations, while also serving as a teaching supplement in academic and professional maritime programmes.
Quantity and quality issues regarding the supply of marine fuels can lead to potentially complex, costly and lengthy claims and legal disputes. This guide provides helpful advice on how these claims and disputes can be avoided. Just as importantly, it also provides guidance on how to have the best chance of success when pursuing or defending a claim.
This book provides a snapshot of the shipping business with micro-foundations from the perspectives of institutional and behavioural economics while uncovering hidden facts about the industry.
Analysing the different theories that have been proposed to explain the position of the third party holder, this book makes a distinction between contractual theories and non-contractual theories to explain the holder's position.