Know thy Contracts, and the Liability Accompanying Them
‘No man is an island.’ Today, the interconnectivity of business can drive opportunity, but those same interactions can significantly affect us and our businesses. Today’s marine businesses have to manage and prepare for the actions of “the other guy” as much as they have to manage their own operations. While businesses often ask their customers, tenants and subcontractors to carry insurance, they often do not carefully delve into insurance specifics to assure that gaps in insurance coverage don’t exist, that limits are adequate, or that they have the right coverage for their operations. To explain some unforeseen liability issues that may occur…
Philippines Coast Guard Apprehends Cargo Vessel
Elements of Coast Guard Substation Cagayancillo apprehended a cargo vessel in Palawan for illegally transporting passengers and operating with incomplete documents Friday, December 6. The Coast Guard discovered the said violations while it was conducting a maritime patrol and boarding inspection on M/L Sharima which was anchored approximately 500 meters off the shoreline of Barangay Mampio, Cagayancillo, Palawan. The Coast Guard immediately issued Enforcement Inspection/Apprehension Report (EIAR) to M/L Sharima for violating the Headquarters Philippine Coast Guard (HPCG) Memorandum Circular No. 04-98 dated October 20, 1998 for not carrying pertinent documents such as Ship Station License, Minimum Safe Manning Certificate, Coastwise License and Load line Certificate.
