Abstract
The Israeli law dealing with limitation of liability of ship owners is the Shipping (Limitation of Liability of Owners of Vessels) Law, 5725-1965. The Law incorporates the 1957 Convention relating to the Limitation of Liability of Owners of Sea-Going Ships and Protocol of Signature. The Law also incorporates the Protocol amending the International Convention relating to the Limitation of Liability of Owners of Sea-going Ships of 10 October 1957, signed in Brussels 21 December 1979. It is not necessary to constitute a fund to plead limitation of liability. The fund will be constituted if the ship owner submits a request to the Court and if the Court permits that constitution. The limitation of liability applies both to ships under and above 300 tons as described in Article 3(5) of the 1957 Convention. As Israel has not ratified previous limitation conventions, no denunciation was required.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
