||Muhammad Masum Billah
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This book has been prepared and published with the intention to thoroughly examine how the absence of insurance may lead to the special maritime liability law principles and the limitation of ship owner's liability. In the past, such principles served the insurance function for owners. Nowadays, due to the wide availability of the commercial marine insurance, all those principles lost their justification and may actually interfere with some important goals of liability law and, in particular, with the most important one - deterrence from negligence...