shipowners Meaning in marathi ( shipowners शब्दाचा मराठी अर्थ)
जहाज मालक
Noun:
जहाजाचा मालक,
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shipowners's Usage Examples:
Therefore, this very restricted term was sufficient to provide protection to the shipowners as it would have been necessary to give the contracted business efficacy.
Non-mutual P"I coverConventional P"I cover has been taken up primarily by shipowners and demise charterers, but a new development is P"I cover for time- and voyage-charterers.
First, prudent cargo-owners (shippers or consignees) will insure their cargo, and, secondly, carriers (shipowners) will have.
Originally, P"I club members were typically shipowners, ship operators or demise charterers, but more recently freight forwarders and warehouse operators have been able to join.
Due to the large number of new buildings the rates in 1975 gave the shipowners huge losses; some "125 million on Persian Gulf to Europe alone.
Whereas a marine insurance company provides "hull and machinery" cover for shipowners, and cargo cover for cargo owners, a P"I club provides cover for open-ended.
The club requires shipowners to ensure that the text within bills of lading and passenger tickets minimises the shipowner's liability faults (within the scope of section 2 of the Unfair Contract Terms Act 1977).
An advantage was that a club worked for the shipowners, thereby eliminating the underwriters' profit margins and making P"I Insurance significantly cheaper.
P " I clubs today Relationship with marine insurance Marine insurers offer insurance on measurable risks: hull and machinery insurance for shipowners, and cargo insurance for cargo owners.
He was Chairman of Maclay " Macintyre, shipowners, of Glasgow, and also served as Minister of Shipping in the war-time coalition.
was to organize shipowners in a common effort to avoid unreasonable charterparty clauses imposed by charterers in the prevailing poor market.
In 1884 the Melbourne Wharf Labourers' Union was formed with the support of Melbourne Trades Hall representatives, after shipowners refused to allow waterfront workers to attend Eight-hour Day celebrations.
agreements allowed shipowners more control than was the case in ordinary articles of agreement.
Synonyms:
possessor, owner,