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.

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.
Rod Perons, of joint agents Cooke & Arkwright, said: "The sale of Deganwy Marina offers a fantastic opportunity for a new owner.
The Panama Marinas featured on the website are: Flamenco Yacht Club, La Peninsula at Pearl Island, Red Frog Marina, Shelter Bay and Vista Mar Marinas.
All Loggerhead marina locations are designated 'Clean Marinas' under the State's Clean Marina Program.
The marina will complement the neighborhood of Lagoon Walk, a 1.
Almouj Marina has partnered with several businesses to offer residents and visitors to Al Mouj Muscat on-site excursions to local islands, professional diving courses, marine tourism services, and a variety of aquatic leisure activities.
Tristin Farmer, chef patron, Marina Social says: "The great thing about Marina Social is that we can be a bit different, we are offering a popular new social dining concept that is founded on great food that our guests love, whilst also creating an element of surprise.
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.
This visit ultimately led to the formation of Marina Lanka with Sebastian Devonshire, an architect and experienced yachtsman, and industrialist Indhra Kaushal Rajapaksa.