Marine Insurance 3 : Covering loss and damage at sea. Marine insurance typically delegates the owner of merchandise for losses sustained from fire, shipwreck, etc. but excludes losses that can be recovered from the carrier
J. R. Kuehmayer, Austrian Marine Equipment Manufacturers, AMEM Communication, Glossary of Class related terms, abbreviations and Acronyms, Vienna, Austria 2007. http://www.amem.at/pdf/AMEM_Communication_023.pdf, (Mrn/ Class Related Terms - Brit) {983}