INTRODUCTION TO YACHT-BUILDING CONTRACTS IN TURKISH LAW The Legal Distinction Between Yachts and Ships Notions of ships and yachts, while easily distinguishable in practice, appear legally interchangeable. Despite the technical differences between “yacht” and “ship,” these differences are crucial for yacht building contracts and the...
INCOTERMS 2020 Have Been Announced INCOTERMS, an acronym which stands for international commercial terms, are standard terms published and trademarked by International Chamber of Commerce (ICC), for and used in international commerce, maritime law and basically all modes of transport under shipping law. After 10...
SHIPOWNER’S RIGHT TO LIMIT LIABILITY AND BREAKING THE LIMITATION UNDER THE 1976 LONDON CONVENTION Attorney at Law Barış Erkan Çelebi PREAMBLE Limiting the liability of shipowners in maritime commerce has always been the subject of hot debates. On one hand, shipowners make considerable investments, due...
In shipping law, a carrier is legally liable for the loss, damage and delay of the cargo. The shipping law provisions of the Turkish Commercial Code has integrated both The Hague-Visby Rules and the Hamburg rules regarding the carrier’s legal lability, its limits, the breaking...
Ship Mortgage Under Turkish Maritime Law Maritime Law ATTORNEY BARIS ERKAN CELEBI I. INTRODUCTION Maritime Law The commercial value of ships and the fact that they are the main subject of maritime law have made them an important element of economic life. On the other...
