Introduction: Shipbuilding craft is an ancient craft that has been around as transportation via ship has been around for thousand years. The shipbuilding industry is accountable for the design and the construction of both oceangoing and river p...
Introduction High cyclicality, volatility and unpredictability characterize the economic environment of a shipping industry. The risk profile of the market is high. In international events (political, economic, technological, social, etc.) the freigh...
Termination describes an agreement terminating or being brought to an early end. The impact of termination is to finish the agreement at one point and release parties. A party wishing to end the agreement ought to consistently consider the legitimate...
In modern international trade and shipping Bill of Lading is the most significant document. The bill of lading is a legally binding agreement that provides the shipper and carrier with all the information that is required for the transportation and p...
The conditions that lead to these accidents vary generally, however there are a few distinct kinds of sea collisions that normally happen.[3]These are Side collision: This is the point at which one vessel is struck on its side by another vessel....
Introduction The carrier’s liability is regarded as contractual liability. During voyage, if the carrier fails to deliver the goods in the required condition e.g. perished or damaged or that the goods are not been deliver on time, the carrier will b...
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