@@MarineEngineeringHub could you be so kind as to give a numerical explanation to clarify some the concept. Correct me if I am wrong, if the ship is saved H&M will pay under article 13 and the SCOPIC will be paid from P&I. If the cost of the SCOPIC is less then the article 13 costs then the difference between them less 25% will be paid by H&M and scopic by P&I?
Thanks a lot, been looking around for an explanation that makes sense, finally found it.
welcome !!!!
@@MarineEngineeringHub could you be so kind as to give a numerical explanation to clarify some the concept. Correct me if I am wrong, if the ship is saved H&M will pay under article 13 and the SCOPIC will be paid from P&I. If the cost of the SCOPIC is less then the article 13 costs then the difference between them less 25% will be paid by H&M and scopic by P&I?
very nice explanation, please post more videos related to maritime law
Will upload soon till then please enjoy other videos!!!
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Nice
Thanks