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Maritime and Shipping Law

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Maritime Lien

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A legal claim against a ship for debts related to the ship or sea venture such as repairs, salvage, or crew wages.

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Salvage

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The compensation awarded to those who voluntarily help recover a ship, cargo, or lives from a peril at sea.

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Ship Registration

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The process of documenting a ship's ownership and nationality; required by international law for traveling on international waters.

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General Average

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The principle requiring all parties in a sea adventure to proportionately share any losses resulting from voluntary sacrifices of part of the ship or cargo to save the whole in an emergency.

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Bareboat Charter

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A contract by which the owner leases the ship without crew to the charterer who takes over full responsibility for the vessel and its operations.

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Cabotage

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The transportation of goods or passengers between two places in the same country by a foreign vessel or an aircraft, often restricted or regulated by law.

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Prize Law

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Legal rules and principles related to the capture of ships and cargoes on the high seas during the war.

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Demurrage

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A financial penalty imposed on charterers for delaying a vessel's cargo operations beyond the laytime originally agreed.

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Laytime

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The amount of time allowed (in hours or days) for loading or unloading cargo without incurring demurrage charges.

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Letter of Marque

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A government license in the Age of Sail that authorized a private person to attack and capture vessels of a nation at war with the issuer.

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Seaworthiness

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The condition of a ship in terms of design, maintenance, and equipment to be suitable for the intended voyage.

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Tonnnage Tax

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A tax system where the tax amount is based on the volume or carrying capacity of a merchant ship rather than the traditional income or corporate tax.

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International Maritime Organization (IMO)

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A specialized agency of the United Nations responsible for regulating shipping, focused on safety, environmental concerns, and legal matters.

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Maritime Security

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Measures taken to protect vessels, ports, and facilities from threats such as piracy, terrorism, and other criminal activities.

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Ship Mortgages

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Legal instruments used to secure a loan or financing on a vessel, granting a maritime lien on the ship as collateral.

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Bills of Lading

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Official documents issued by the carrier to the shipper detailing the type, quantity, and destination of the goods being carried.

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Admiralty Court

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A court that has jurisdiction over maritime cases and disputes, applying maritime and common law principles.

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The Hague-Visby Rules

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A set of rules that form an international convention to establish a minimum level of obligations for carriers under a bill of lading.

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Collision Regulation

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International maritime rules, also known as COLREGs, governing the movement of vessels in relation to each other to avoid collisions at sea.

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Marine Pollution

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The introduction of harmful substances or products into the ocean, including chemicals, waste, and toxins, which are regulated internationally, notably by MARPOL.

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