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How the Limitation of Liability Act Protects Vessel Owners
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How the Limitation of Liability Act Protects Vessel Owners
The News God How the Limitation of Liability Act Protects Vessel Owners The 2024 Flag State Control Domestic Annual Report by the US Coast Guard shows that 54% of barge vessel incidents were due to collision or grounding. Another reason cited by the report was material failure or malfunction, which accounted for up to 25% of the damage incurred, combined with vessel maneuvers, which accounted for 6%. These incidents can really be a hassle for a …
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