Damages

Damages refer to the compensation or monetary award that is paid to a party who has suffered loss or harm as a result of a breach of contract or a tortious act. In the maritime context, damages can arise from a variety of incidents such as collisions, groundings, cargo damage, pollution, personal injury or loss of life. The amount of damages awarded will depend on the extent of the loss or harm suffered, and may include compensation for physical damage, economic loss, loss of profits, and other related expenses. Damages can be claimed by shipowners, cargo owners, or other parties who have suffered loss or harm as a result of a maritime incident.

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Donkey Engine: A donkey engine is a small auxiliary engine used on a ship to power equipment such as winches, cranes, or pumps. It is typically located on the deck and is used to supplement the main propulsion system. The donkey engine is usually powered ... Read More >>
Logistics Chain: Logistics Chain refers to the sequence of activities involved in the transportation, storage, and distribution of goods from the point of origin to the point of consumption. It includes all the processes and activities that are required to ... Read More >>
Gas Free: Gas Free refers to the process of removing all hazardous gases from a confined space on a vessel, such as a tank or a compartment, to ensure a safe working environment for personnel. This process involves a series of tests and procedures to ... Read More >>

Damages

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