Ship Lawyer Expertise 2

Question 1

Under maritime law, what is a 'lien' on a vessel?

Accepted Answer

A right to retain the ship as security for a debt

Answer

A maritime lien is a charge against a vessel that secures a creditor's claim and travels with the ship.

Question 2

Which international convention governs liability for oil pollution from ships?

Accepted Answer

CLC (Civil Liability Convention)

Answer

The Civil Liability Convention establishes shipowner liability for oil pollution damage.

Question 3

In a charterparty dispute, what does 'laytime' refer to?

Accepted Answer

Time allowed for loading and unloading cargo

Answer

Laytime is the period agreed for cargo operations before demurrage charges accrue.

Question 4

What is 'demurrage' in shipping law?

Accepted Answer

Compensation for exceeding agreed laytime

Answer

Demurrage is the sum payable to the shipowner when cargo operations exceed the agreed laytime.

Question 5

Which document serves as both a receipt for cargo and evidence of the contract of carriage?

Accepted Answer

Bill of lading

Answer

A bill of lading acknowledges receipt of goods and embodies the carriage contract terms.

Ship Lawyer Practice Test