„Steamship Indemnity“
What does Steamship Indemnity stand for?
A contract of indemnity issued by a bank to an ocean carrier indemnifying the carrier for any loss incurred for release of goods without surrender of the original bill of lading properly endorsed.
Source:
Insurance and Risk ManagementView all itemsBranch, Alan E. “Elements of Shipping.” 8th Edition. Routledge, 2007.
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