Marine

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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.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
The Nashville District, US Army Corps of Engineers (US ACE), is implementing a Clean Marina Program (CMP) for the Cumberland River Basin and becomes one of the first USACE districts in the nation to sponsor such a program.
"This study is supposed to re-evaluate the marina and how to improve the services that we are currently providing," Clarke says.
Michael Prideaux, managing director of Dean & Reddyhoff, said: "Our customers at all our marinas know what they are getting - a friendly, warm, professional experience and a great atmosphere.
Additionally, D-Marin Dubai says it will manage and operate future marinas being developed by Meraas and Dubai Holding, as well by third parties.
The recently-established company will provide marina management services to Al Seef, Marasi and Jaddaf Waterfront marinas as well as technical consultancy to Meraas' projects at Port de La Mer, the Mediterranean-inspired waterfront destination, and Dubai Harbor, the only yachting community hub in the Middle East.
Safe Harbor Marinas is the largest and most geographically-diversified owner and operator of marinas in North America.
SUTL Enterprise Executive Director and Chief Executive Officer, Mr Arthur Tay, said: "We are very excited about the latest addition to our network of marinas, which will enable us to offer our Global Members yet another destination to consider for their next getaway.
With the addition of the two Michigan properties, Safe Harbor Marinas now owns and manages 70 marinas in 18 states.
DP World subsidiary P&O Marinas has partnered with Monaco's state-owned Societe Monegasque International Portuaire (SMIP) to create a series of superyacht marinas at select locations in the Mediterranean and around the world.
"When you have more destinations, more waterfront properties, and more marinas, you create an environment where it is easy to keep a boat, protect it, and also have places to go," Erwin Bamps, CEO of Gulf Craft, told Khaleej Times.