The purpose of this study is to interpret the revision of the IWC(Cargo) compared the 1982 and 2009 Clauses, emphasized the changes, and explained relevant law cases IWC(Cargo) 2009 produced by the London-based Joint Cargo. The revision mainly explains and clarifies the IWC(Cargo) 2009, and moderniz...
The purpose of this study is to interpret the revision of the IWC(Cargo) compared the 1982 and 2009 Clauses, emphasized the changes, and explained relevant law cases IWC(Cargo) 2009 produced by the London-based Joint Cargo. The revision mainly explains and clarifies the IWC(Cargo) 2009, and modernized the words and the clauses. The revision also added new definitions on several terms. It has also updated the languages used in the clauses. With the revision the coverage has widened better protection of the assured. The revision has given the relative favor to the assured. The revision also explain the process of claim of loss reimbursement in detail. We can divide the revision in three ways; ① clauses of 1.1, 1.2, 1.3, 2, 3 3.1,3.2,3.4,3.7, 5 5.1 5.1.1,5.1.3, 5.1.4, 5.2 5.2.1 5.2.2, 5.3 5.3.1, 7, 8, 11, 13, and 14 does not change. ② clauses of 1 1.1, 3 3.5, 3.8, 4 4.1 4.1.1, 5 5.1 5.1.2, 5.2, 5.3 5.3.2, 5.4, 5.5, 8 8.2, 9 9.1, 9.2, 11 11.2, and 12 have changed words and phrases partially. ③ clauses of 3 3.3, 3.6, 4 4.1 ,4.1.2, 4.2, 4.3, 6 6.1, 6.2, 10 10.1, 10.2 and "Notes" have changed completely.
The purpose of this study is to interpret the revision of the IWC(Cargo) compared the 1982 and 2009 Clauses, emphasized the changes, and explained relevant law cases IWC(Cargo) 2009 produced by the London-based Joint Cargo. The revision mainly explains and clarifies the IWC(Cargo) 2009, and modernized the words and the clauses. The revision also added new definitions on several terms. It has also updated the languages used in the clauses. With the revision the coverage has widened better protection of the assured. The revision has given the relative favor to the assured. The revision also explain the process of claim of loss reimbursement in detail. We can divide the revision in three ways; ① clauses of 1.1, 1.2, 1.3, 2, 3 3.1,3.2,3.4,3.7, 5 5.1 5.1.1,5.1.3, 5.1.4, 5.2 5.2.1 5.2.2, 5.3 5.3.1, 7, 8, 11, 13, and 14 does not change. ② clauses of 1 1.1, 3 3.5, 3.8, 4 4.1 4.1.1, 5 5.1 5.1.2, 5.2, 5.3 5.3.2, 5.4, 5.5, 8 8.2, 9 9.1, 9.2, 11 11.2, and 12 have changed words and phrases partially. ③ clauses of 3 3.3, 3.6, 4 4.1 ,4.1.2, 4.2, 4.3, 6 6.1, 6.2, 10 10.1, 10.2 and "Notes" have changed completely.
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