AL-BAHRIAH INSURANCE & REINSURANCE S.A.L.
© Al-Bahriah Insurance & Reinsurance S.A.L. - Email: info@bahriah.com - Phone: +961 1 336633 - Fax: +961 1 612311 Address: 770, Al-Bahriah House, Hotel Dieu Avenue, Beirut - Lebanon
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Glossary
Salvage provision establishing that no award is payable
to a salvor unless property is successfully saved.
Person who design and build ships.
Navigation lights
Lights that a ship must display during night and fog
when under way.
Net premium
Premium after the application of discounts.
No Cure No Pay
Notice to Mariners
Weekly publications having the purpose of updating
navigational charts.
New York Produce Exchange – One of the most commonly
used charterparty in the dry cargo sector.
NYPE
Naval architect
" Understanding Marine Hull Insurance "