Commercial Maritime Law
Art. 334Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
If the insurance contract is settled by compensation, the insurer shall be liable
Commercial Maritime Law
for the costs of replacing parts and making the necessary repairs to make the
vessel seaworthy, but not for other compensations arising from the vessel’s
depreciation or being out of commission, or for any other reason.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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