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INSURANCE, MARINE, contracts. Marine insurance is a contract whereby one party, for a stipulated premium, undertakes to indemnify the other against certain perils or sea risks, to which his ship, freight, or cargo, or some of them may be exposed, during a certain voyage, or a fixed period of time. 3 Kent, Com. 203; Boulay-Paty, Dr. Commercial, t. 10.
     2. This contract is usually reduced to writing; the instrument is called a policy of insurance. (q. v.)
     3. All persons, whether natives, citizens, or aliens, may be insured, with the exception of alien enemies.
     4. The insurance may be of goods on a certain ship, or without naming any, as upon goods on board any ship or ships. The subject insured must be an insurable legal interest.
     5. The contract requires the most perfect good faith; if the insured make false representations to the insurer, in order to procure his insurance upon better terms, it will avoid the contract, though the loss arose from a cause unconnected with the misrepresentation, or the concealment happened through mistake, neglect, or accident, without any fraudulent intention. Vide Kent, Com. Lecture, 48; Marsh. Ins. c. 4; Pardessus, Dr. Com. part 4, t. 5, n. 756, et seq.; Boulay-Paty, Dr. Com. t. 10.

MARINE. Whatever concerns the navigation of the sea, and forms the naval power of a nation is called its marine.

References in periodicals archive ?
The Social experience begins with a welcome drink and tapas dish in The Social Room followed by dinner in Marina Social paired with six grape varieties.
Boaters will not only enjoy the comfortable and convenient features of the harbor, but all marina guests are granted full access to the resort's exceptional amenities.
With the calmest waters in all of New York Harbor thanks to its advanced technology and design, the marina will accommodate boats ranging from 16 to 250 ft.
The award recognises Porto Arabia Marina for reaching international standards set for marinas offering excellent facilities, the highest service levels for members and achieving the International Council of Marine Industry Association's Clean Marina standard, the statement adds.
Situated on Newcastle's Quayside between the Tyne Bridge and Millennium Bridge, Newcastle City Marina was built by NE1 Ltd in 2012 to offer 132 linear metres of permanent pontoons.
The marina is a TYHA five gold anchor and has 320 berths with an occupancy rate of 87%.
Porto Arabia Marina has over 782 berths in total and the marina is opening up sections as yachts fill up the berths.
The marina owners and managers who were paying attention before the market decline have properties in good condition," he says, but a lot of marinas in the current market have occupancy and maintenance issues.
Speaking with Khaleej Times, Baha Momhammed Al Qedrah, Director of Marine Transport at the RTA, said, "We will open more stations in the area depending on the demand by Marina residents.
The existing marina facilities will be enhanced with the addition of a variety of new licensed food and beverage outlets, each featuring large terraces with panoramic marina views and surrounded by a pedestrian friendly promenade, interactive fountains, and children's play areas.
The marina not just offers berthing facilities but also presents an opportunity to explore destinations that are located at close proximity.
The yacht club sits at the very heart of the Durrat Marina project, anchoring it with close to 200,000 square metres of marina facilities and creating a vibrant marina environment.