Shipowner's Liability

Shipowner's liability refers to the legal responsibilities and obligations of shipowners for any damage or loss caused by their vessels. This can include injuries to crew members, pollution, cargo damage, or accidents involving other ships or property. Depending on the jurisdiction and specific incidents, shipowners may be held liable under various laws, including international conventions. They often carry insurance to cover potential claims, ensuring they can compensate affected parties. Essentially, it's about holding shipowners accountable for their actions and the safe operation of their ships in maritime activities.