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www.ics.org.uk
, Published by the Institute of Chartered Shipbrokers
First Edition 2010
Reprinted 2012
ISBN: 978-1-908833-07-5
© Institute of Chartered Shipbrokers
British Library Cataloguing in Publication Data
A catalogue record for this book is available from the British Library.
© Copyright
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system,
or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording
or otherwise, without the prior permission of the publisher and copyright owner.
Notice of Terms of Use
While the advice given in this document (“Legal Principles in Shipping Business”) has been developed using
the best information currently available, it is intended purely as guidance to be used at the user’s own risk. No
responsibility is accepted by the Institute of Chartered Shipbrokers (ICS), the membership of ICS or by any
person, firm, corporation or organisation [who or which has been in any way concerned with the furnishing of
information or data, the compilation or any translation, publishing, supply or sale of the document] for the
accuracy of any information or advice given in the document or any omission from the document or for any
consequence whatsoever resulting directly or indirectly from compliance with or adoption of guidance
contained in the document even if caused by a failure to exercise reasonable care.