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 ?
"The restaurant will also extend its services within Jannah Marina Bay Suites and Jannah Place Dubai Marina, where guests can enjoy a delightful range of Mediterranean flavours in the privacy of their own room."
'The reason behind the incident can be known once Marina regains her senses." Quoting family members, he also said Marina had been suffering from frustration.
The Marina was first housed at the Philippine President Lines Building in United Nations Avenue, Ermita, Manila, for 35 years.
The Royal Quays Marina is based around the historic Albert Edward Dock at North Shields and is regarded as one of the premier boating facilities in the north of England.
Joint venture (JV) firm D-Marin Dubai has announced that it has begun management operations of the Al Seef, Marasi and Jaddaf Waterfront marinas in Dubai.
D-Marin, through D-Marin Dubai, will continue its commitment to develop marina management services in the Middle East, to diversify and contribute to the development of the Dubai economy, and to elevate the city's position as an important luxury maritime tourism destination in the region.
Stavros Caramondanis, CEO of M.M Makronisos Marina Ltd, highlighted the importance of Ayia Napa Marina in boosting nautical tourism in the eastern Mediterranean, and contribution of the project to the upgrading the Cyprus product and attracts quality tourists.
The leak was made possible after Marina information technology personnel Christian Daus admitted to the NBI that he installed Marina's virtual private network in one of Fremarobi's computers so that the firm could process the certificates of proficiency using the stolen security papers, according to the complaint.
Police said that Marina's father gunned down Salman in Swat first and then he returned to Karachi on November 7, where he killed his daughter as well.
Police said that Marina's father shot Salman in Swat first and then he returned to Karachi on November 7, where he killed his daughter as well.