Maritime Transport means all types of carriage of goods and passengers by sea;
Maritime Transport means Transport via sea routes;
Maritime Transport as referred to in this Code means the carriage of goods and passengers by sea, including the sea-river and river-sea direct transport.
Examples of Maritime Transport in a sentence
An amount ordered by a New Zealand Court to be paid to the victim of an offence under section 32 of the Sentencing Act 2002, but subject to any limit of liability under the Maritime Transport Act 1994.
More Definitions of Maritime Transport
Maritime Transport means transport of goods and persons by sea as defined in Regulation (EEC) No 4055/8689 and in Regulation (EEC) No 3577/9290. It also, in specific parts, relates to towage and dredging. ‘market investor principle’ In order to establish whether or not an undertaking receives an exceptional economic benefit (that it would not have received operating under normal market conditions), the market economy investor principle has been developed by the European Commission to assist this analysis. This principle is applicable in the event that public institutions provide funding to undertakings in which the major share of the capital is State+owned, in order to establish whether or not a private investor operating under market conditions would behave the same way, i.e. whether or not a private investor under identical conditions would provide funding to the undertaking. If the State behaves as any private investor or creditor then no State aid is involved. For example, when providing funding to an undertaking suffering from economic difficulties, the issue of whether a private investor would behave the same way is considered. The related private creditor test is applied to examine whether debt renegotiations by public creditors involve State aid; comparing the behaviour of a public creditor to that of hypothetical private creditors that find themselves in a similar situation. Finally, the EU Courts have developed a variant called the 'private vendor test' to assess whether a sale carried out by a public body involves State aid. This considers whether a private vendor, under normal market conditions, could have obtained the same or a better price. These principles or tests are variations of the same basic concept that the behaviour of public authorities or undertakings should be compared to that of similar private economic operators under normal market conditions to determine whether the economic transactions carried out by such authorities or undertakings grant an advantage or selective benefit to their counterparts. ‘marketable risks’, in the context of short+term export credit insurance, means commercial and political risks with a maximum risk period of less than two years, on public and non+ public buyers91 in the countries listed in the Annex to the Communication from the Commission to the Member States on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to short+term export+credit insurance. All other risks are consi...