Title 46 — ShippingRelease 119-73not60
§57519 Insurance
Title 46 › Subtitle Subtitle V— Merchant Marine › Part F— Government-Owned Merchant Vessels › Chapter 575— CONSTRUCTION, CHARTER, AND SALE OF VESSELS › Subchapter II— CHARTERS › § 57519
Summary
Charterers must pay for insurance that covers marine, port, liability, and other risks so the vessel is protected from claims and losses during the charter; Secretary sets coverage and may underwrite risks.
Full Legal Text
Title 46, §57519
Shipping — Source: USLM XML via OLRC
A charter under this chapter shall require the charterer to carry, at the charterer’s expense, insurance on the chartered vessel covering all marine and port risks, protection and indemnity risks, and all other hazards and liabilities, adequate to cover damages claimed against and losses sustained by the chartered vessel arising during the term of the charter. The insurance shall be in such form, in such amount, and with such companies as the Secretary of Transportation may require. In accordance with law, any of the insurance risks may be underwritten by the Secretary.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 5751946 App.:1202(a).June 29, 1936, ch. 858, title VII, § 712(a), 49 Stat. 2010; Aug. 7, 1939, ch. 555, § 1, 53 Stat. 1254; Pub. L. 97–31, § 12(114), Aug. 6, 1981, 95 Stat. 163.
Reference
Citations & Metadata
Citation
46 U.S.C. § 57519
Title 46 — Shipping
Last Updated
Apr 5, 2026
Release point: 119-73not60