What is Maritime Law?
Maritime law, also known as admiralty law, encompasses legal matters pertaining to maritime activities such as navigation, shipping, and commerce on navigable waters. It covers a wide range of issues including maritime contracts, vessel ownership, marine insurance, salvage operations, and liability for maritime accidents. From a company's perspective, maritime law governs legal matters concerning maritime activities, ensuring compliance and protection of the company's maritime interests. Legal guidance is crucial to navigate complex regulations, mitigate risks, and ensure compliance, safeguarding the company's assets and interests in the maritime industry.