LEGAL BRIEFING — CARGO CLAIMS UNDER THE TURKISH COMMERCIAL CODE

This compact booklet published by the UK P&I Club last year provides information about the cargo claims under the Turkish Code of Commerce. When developing the content of this document, the UK P&I Club specialist collaborated with the leading Turkish experts in the field. The ultimate goal of the booklet is to give the Members all required guidance on the specific matters related to the cargo claims.

The TCC mentioned above contains complete and unified rules dealing with all important aspects of the vessel arrests and tackling the unique demands of the maritime shipping industry. Subject Code was originally enacted in 2011 and subsequently entered into force next year. In this booklet we will have a glance at the administrative and legal effect of this Code. The provisions of the Code regulate all maritime shipping matters together with all other commercial transaction fields.

The document covers such aspects as precautionary aspects and application for ship arrest, agreement made between parties involved for the extension of time, challenging an arrest and limitation of liability, judicial sale of ships under arrest, arbitration and jurisdiction clauses, etc. Recommended for the people who wish to be up-to-date will the latest happening in the industry.