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A Guide to Managing Maintenance in Accordance with the Requirements of the ISM Code (IACS Rec 74) Strait of Gibraltar Proximate cause – Policy perils

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A Guide to Managing Maintenance in Accordance with the Requirements of the ISM Code (IACS Rec 74) Strait of Gibraltar Proximate cause – Policy perils Proximate cause – Policy perils – Institute commodity trades clauses (Modified exclusions) – Actual total loss – Constructive total loss – Salvage loss – Particular average – Particular charges – Extra charges – Sue & labour charges – Salvage charges – Natural (ordinary) loss – Loan agreement although the Lebanese people have a long and storied history dating to the Ottoman Empire

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