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5 SHIP-OWNERSHIP AND SHIP MANAGERS’ RISKS

Modern Maritime Law Volume 2: Managing Risks and Liabilities

5 SHIP-OWNERSHIP AND SHIP MANAGERS’ RISKS INTRODUCTION This chapter begins with ownership principles and registration of British ships under the Merchant Shipping Acts, including an outline of the tonnage tax. The majority of ships are, however, registered in foreign registries. Readers interested in the registration rules of a particular State should look at books specialising in this subject.

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