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Limitation of Liability for Maritime Claims (Three), Exception

Limitation of Liability for Maritime Claims (Three), Exception Limitation of Liability for Maritime Claims is a very important tool with which the ship owner and certain other persons may limit their liability. In this respect, two issues are most important. One, who can limit the liability and two, what claims can be subjected to the limitation. Additionally, the point that must be noted is that there are certain issues which are excepted from limitation. Master, owner, ship manager, salvor, charterer, etc. must be well versed with this. Capt. Chaudhari in this video and in some more videos to follow, explains this issue.