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A Study on Shanghai Inland Marine Compulsory Insurance System

Author: LuoYun
Tutor: ZhaoJinSong
School: Shanghai Jiaotong University
Course: Legal
Keywords: Inland vessels Compulsory insurance Third straight v. system Advance Payout
CLC: D922.284
Type: Master's thesis
Year: 2011
Downloads: 36
Quote: 0
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Abstract

The huge number of China 's inland shipping industry ship tonnage of small, frequent movement , confusing navigation difficult regulatory . In the event of an accident , the boat owners are often unable to compensate for the loss . These ships are a business in a private ship , if their vessels in accordance with the existing laws enforced , will bring social unrest , administrative and judicial very difficulty . To this end, the Shanghai government authorities are often unable to deal with the huge costs of these accidents occurred to the responsible party , please subordinated to the tremendous pressure on government finances . In addition, although this issue is resolved through insurance is an effective way , but revised in 1996 , \situation. The fundamental for inland shipping accidents are frequent and serious consequences , the low rate of inland vessels participated in the insurance market , the high loss ratio , for various reasons do not want to ship operators consider cost insured reality , the current legal system , mainly marine transportation and marine insurance legislation are mainly inland waterways and coastal shipping legislation so as to learn from the civil law in Britain . Whether in Britain or continental Europe do not exist in the special problems faced by China 's inland shipping . Proceed from the insurance system to improve and expand the scope of the insured , the change of government functions , and improve the relevant legislation , the emphasis on a series of measures to encourage shipowners to actively insured to change this negative situation passively accept the supervision of the competent authority . Through market-oriented operation , the implementation of the compensation and clean-up costs and to ensure the smooth progress of emergency disposal , deserves compensation to the injured party , and appropriate protection to harm the interests of the parties , to ensure its continued existence endurance , to achieve the purpose of social harmony .

A Study on Shanghai Inland Marine Compulsory Insurance System

Abstract

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