
Liability
Liability in maritime context refers to the legal responsibility of a person or entity for any loss, damage, injury, or death caused to another person or entity as a result of their actions or omissions. This can include liability for collisions, pollution, cargo damage, personal injury, and other incidents that may occur at sea. Liability can be imposed on shipowners, operators, charterers, cargo owners, and other parties involved in maritime activities. Liability can be limited or excluded by international conventions, national laws, and contractual agreements, but it cannot be completely avoided. Liability insurance is a common way to manage and transfer the risk of liability in the maritime industry.
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