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The New Maritime Law of the UAE The maritime industry has long been a cornerstone of global trade, and nowhere is this more evident than in the United Arab Emirates (UAE). As a nation with a rich maritime heritage and a strategic location at the crossroads of international shipping routes,…
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An In-depth Exploration of Shipping Law in United Kingdom Shipping law in the United Kingdom is a multifaceted legal domain that governs the activities, operations, and transactions related to maritime trade and navigation. This comprehensive legal framework ensures the safety of vessels, protection of the marine environment, and the rights…
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New Maritime law: Oman The Sultanate of Oman is not a signatory to the 1924 Hague Rules corresponding to Bills of lading nor the 1974 Athens convention in relation to the carriage of travelers, we presently see a modern local codification of identical insurances. In the numerous maritime regions where…
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Limitation of Liability in Maritime Matters The existence of vessels trade generally includes them in mishaps that result in claims. Personal injury, property damage (such as harm to vessels and beacons on the seashore and coast setups), shipment damage, and other claims may be made. In a broad sense, any…
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Economic and Fraud Provisions in the Middle East “There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open…
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Impact of COVID-19 on the Shipping and Maritime Industry The outbreak of the infectious disease named as the coronavirus disease (COVID-19) caused by the newly discovered coronavirus has caused chaos and panic all over the world causing the ceasing of all normal daily activities like going to work, a walk…
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Warranties in Marine Insurance: USA It was in the 18th Century that, Lord Mansfield attempted to separate the concept by mentioning that warranties are a part of a policy that is written; however, the representations are created out of a written agreement and can be answered either equally or substantially.…
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LAW OF SEA “It was the Law of the Sea, they said. Civilization ends at the waterline. Beyond that, we all enter the food chain, and not always right at the top.” -Hunter S. Thompson As in the movie Life of Pi, where the adventures of the sea help the…
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AN OVERVIEW OF THE UN CONVENTION ON CONTRACTS FOR THE INTERNATIONAL SALE OF GOODS Part II (Provision) CISG in Action With the original signatures of representatives from 62 countries,[i]CISG Convention entered into force in 1998—where, despite its number of signatories, it was only ratified by ten nations. Its original…
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Limitation Funds in UAE As with most of the world’s trading countries, the United Arab Emirates (UAE)has embraced international conventions in its national laws which, in certain conditions, allow carriers such as shipowners to confine their liability for claims made against them. Archaeologically, the reason for letting shipowners limit their…
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Сердце Залива - Бахрейн «Стартап – это компания, которая не знает, что она продает, кто ее клиенты и как зарабатывать деньги». Центральное расположение в регионе Персидского Залива, стабильный экономический климат, атмосфера, благоприятная для бизнеса, современные технологии и исключительные возможности для бизнеса – достаточные аргументы для убеждения инвестора вложиться в стартап. Бахрейн…
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CLAIMING DEMURRAGE FOR UNRETURNED CONTAINERS A Case Study Time and tide wait for none. The earliest acknowledged record of this proverb is by St. Marher in 1225; however, the actual origin of this saying cannot be certainly determined. St. Marher had stated that ‘te tide and te time þat tu…
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Mr. DEBT’s hello to Mr. DAMAGE: Case Analysis on Freight Industry Suppose an individual has borrowed a specific sum of money against an asset of a reciprocal value as security. However, the debtor fails to fulfill his obligation; and subsequently, the creditor exercises his lien and disposes of the former’s…
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Дилемма OW Bunker Кто должен платить, когда поставщик топлива становится неплатежеспособным. 1. Введение Распад компании OW Bunker (the OW) широко освещался по всему миру. OW был одним из крупнейших в мире поставщиков бункерного топлива, подавший на банкротство в 2014 году. Финансовый крах OW имеет далеко идущие последствия для судовладельцев. Это…
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