The Club can cover charterers' liabilities for physical loss or damage to a vessel, such as by stevedores or off-specification bunkers, as well as contributions towards general average and/or sue and labour expenses.
Carriage of goods by sea — Contract of carriage in charterparty or bill of lading — Can cargo interests sue under straight bill of lading — Whether voluntary salvors entitled to be rewarded — Whether cargo interests entitled to recover transhipment costs — Whether cargo interests liable to contribute in general average if vessel not seaworthy at the commencement of the voyage
As a civil law country, the general provisions of prescription are provided by the Civil and Commercial Code ("the Code") in its Book I, Title IV, Chapters I and II which came into force in 1923 and was subsequently amended in 1925 and 1992. In principle, the period of prescription begins to run from the moment when the claim can be enforced. If the claim is for forbearance, prescription begins to run from the moment when the right is first infringed (Section 193/12 of the Code).
