Towage Contract Law

Towage contract law governs agreements between parties where one vessel (the tug) assists another (the tow) by pulling or pushing it. In maritime casualties, such as accidents or emergencies, this law defines responsibilities, liabilities, and compensation for damages. It covers aspects like the obligations of the tug to safely tow the vessel and the expectations of the vessel owner, including payment terms. If a casualty occurs, such as damage during the tow, these contracts help determine who is liable and how losses are compensated, ensuring accountability and clarity in maritime operations.