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2. Shipowenerʹs Liability and its Insurance Coverage

Marine insurance has an important role in shipownerʹs liability coverage. Although, it is possible that shipowner, transports commodities as a transportation officer, but shipownerʹs liability is something apart from transportation officer. Shipowners are liable for their operations and also liable for captainʹs contracts which he binds in relation with his duties and in addition, they are liable for shipʹs crew. This research, scrutinizes liability of shipowner, captain, crew and their insurance coverage.