Maritime Insurance Law

Maritime Law School

Maritime law is one among the oldest branches of law. It is treated as a separate and distinct area of the law in every country where maritime rules exist.  Maritime also known as admiralty law, or the law of the sea is a separate body of procedural and substantive law which governs ships and shipping, business or commerce transactions at sea, and also the duties, rights, and liabilities of shipowners and other maritime workers, maritime injury or maritime property damage at sea.

In general terms, maritime law concerns the events and transactions that occur on navigable waters, whether in the oceans, gulf, or in inland waterways. Although it was initially concerned with just maritime commerce, now the body of law has expanded to address contemporary issues such as those involving the environment and the wide-spread use of recreational vessels like cruise ships.

In Maritime law schools the aim of the course is to provide the basic knowledge of the rules and framework in international commercial affairs on the basis of the land’s laws. Maritime law governs issues dealing with Maritime laws sometimes get complicated as they are a combination of federal laws and treaties.

The focus is on maritime-related commerce under the land's law, though all subjects are approached with an international perspective. Maritime law is a complex area of law which requires a person who really knows what he or she is doing and is comfortable with this area of law and has a thorough insight of the law .

The knowledge of these laws is required for dealing cases like injuries in the high seas. Hence the aim is to develop the student’s ability to see the practical effects and help make comparative analyses of different sets of regulations.

The course details include International Commercial Law, Energy Law, Petroleum Law, EC Substantive Law and EC Rules on Free Movement of Goods and People, Insurance Law since maritime insurance differs from a non-marine insurance because in marine insurance the insured is required to prove his loss and English Law of Contract. In these Maritime law schools the students are put through specialized seminars, independent works associated with maritime law.