Your browser does not seem to support JavaScript. As a result, your viewing experience will be diminished, and you have been placed in read-only mode.
Please download a browser that supports JavaScript, or enable it if it's disabled (i.e. NoScript).
an agreement in which the cost of damage to a ship or the goods it is carrying is shared by the shipping company and the owners of the goods if it becomes necessary to save either the ship or the goods in an emergency:
Share your knowledge with the community
Browse our collection of 300,000+ community-written definitions
