ORAL
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MASTER EXAM ORAL QUESTIONS AND ANSWERS - LATEST QUESTIONS | Page 35
Q. 341) Give an example of sue and labour ?
X
Examples of sue and labour charges might include costs incurred by a shipowner in recovering a lost anchor and
cable, and costs incurred by a cargo owner of having a refrigerated cargo stored ashore while a ship’s refrigerating
machinery is under repair.
provides that the assured has a duty to take all reasonable steps to avert or minimise any loss for which a claim
would be payable under the policy. In return, most costs incurred in taking such steps are recoverable from the
underwriters.
Sue and labour is an extraordinary expenditure made in time of peril to avert
or minimise any loss or damage to the subject matter insured. Because such an expenditure is incurred for the safety or preservation of the subject matter insured, it may be claimed under the separate head of a particular charge.
Sue and labour charges are not to be confused with general average expenditure. They are incurred for the benefit of only a single interest (e.g. the vessel, or the cargo), whereas general average expenditure is incurred for the common benefit (e.g. of the ship, cargo and freight, if any at risk).
Examples of sue and labour charges might include costs incurred by a shipowner in recovering a lost anchor and cable, and costs incurred by a cargo owner of having a refrigerated cargo stored ashore while a ships refrigerating machinery is under repair.
Q. 342) Anction when stowaway is found and which convention deal with stowaway ?
XQ. 343) What is hoa how it function ?
XQ. 344) Resolution is started with always a or somthings else ? and why ?
XQ. 345) Function of bill of lading and in absence of that what the other bill of lading is issued ?
XQ. 346) What is name of cargos belongs to annex3 and annex 3 full name
XQ. 347) What is meaning of a 100
XQ. 348) What is horn of africa ?
X
It is a peninsula in Northeast Africa. It juts hundreds of kilometers into the Arabian Sea and lies along the southern side of the Gulf of Aden. It is a high risk piracy area. Piracy off the coast of Somalia has been a threat to international shipping since the second phase of the Somali Civil War in the early 21st century.Since 2005, many international organizations, including the International Maritime Organization have expressed concern over the rise in acts of piracy.Owners and operators who have vessels transiting the region are strongly encouraged to register their movements with MSCHOA to improve their security and reduce the risk of attacks or capture. Additionally, the “Best Management Practices for Protection against Somalia Based Piracy†(BMP) and further information about combating piracy, and what action to take should they come under attack, can be downloaded .
