Marine Contract Law and Legal Definition
Marine Contract or Maritime contract is a contract that is recognized in admiralty jurisdiction. It relates to business done or transacted upon the sea and in sea ports, and over which the courts of admiralty have jurisdiction concurrent with the courts of common law. It includes charter parties, affreightments, marine hypothecations, contracts for the marine service in the building, repairing, supplying and navigating ships; contracts and quasi contracts respecting averages, contributions and jettisons, policies of insurance and maritime employment.
