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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 ?
Owners, Alister Copley and Carl Crafoord, are proud that the Marina Exchange App achieves a long-term goal of making it easier for boat owners to spend more time on the water with a lot less hassle.
Nasser al Sheibani, CEO of Al Mouj Muscat, said, "We are delighted to win this accreditat-ion which is a trusted measure of marina excellence.
Originally developed in 2004 the marina includes 165 pontoon berths, a marina building, and showroom.
With the Panama Canal being the main passageway from the Atlantic to the Pacific, Panama also featuring great fishing grounds and stunning cruising, the addition of Panama Marinas to the site has been well received by yacht owners and boat captains alike.
The Suntex portfolio of 43 marinas are located in Kentucky, Florida, Georgia, Iowa, Maryland, Massachusetts, New Jersey, New York, Texas, Virginia, Tennessee, and Oklahoma.
by Times News Service Almouj Marina recently launched a series of beach clean-up events, the first of which saw litter collected from the Daymaniyat Islands.
TYHA provides support for marinas and related business throughout the UK and internationally.
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.
Addressing the conference about the potential for marinas in Sri Lanka Arrol said, "There are more than 15,000 marinas around the world but only three of some significance in the Indian Ocean.
Being part of the Active Marinas scheme involved offering training and social events for sailors to brush up on their skills and find like-minded water enthusiasts.
Mourjan Marinas foresees growth in all boat sizes at Almouj Marina as the marine industry in Oman further develops, and as The Wave Muscat continues with its Integrated Tourism Community development," he says.
In addition to the Porto Arabia and Costa Malaz marinas, Ronautica also operates Doha's only Water Taxi -Shuttle Service, operating within in Porto Arabia and offers a luxury 40-feet yacht available for charter.