This audiobook covers the commercial and contractual aspects of maritime law required for Master (Unlimited) Certificate of Competency oral examinations. The content aligns with the UK MCA MIN 653 syllabus and is equally applicable to candidates in Australia, New Zealand, Singapore, and other Commonwealth jurisdictions.

Volume 2 contains ten chapters:

• Chapter 1: Contract Law Fundamentals – Essential elements of contracts. Conditions, warranties, and innominate terms. Breach and remedies.
• Chapter 2: Charterparties – Types and Characteristics – Voyage, time, and bareboat charterparties. BIMCO standard forms.
• Chapter 3: Voyage Charterparties in Detail – Laycan, arrived ship, Notice of Readiness. Laytime, demurrage, and despatch.
• Chapter 4: Time Charterparties in Detail – Hire payment, off-hire, withdrawal. Speed and consumption warranties. Redelivery.
• Chapter 5: Bills of Lading – Functions and types. Mate's receipts and clausing. Letters of indemnity. Delivery without original bills.
• Chapter 6: Carriage of Goods by Sea – Hague-Visby Rules, Hamburg Rules, Rotterdam Rules. Carrier's duties and immunities.
• Chapter 7: Marine Insurance Principles – Marine Insurance Act 1906. Utmost good faith, insurable interest, indemnity, subrogation.
• Chapter 8: Hull and Machinery Insurance – Institute Time Clauses. Perils covered. The 3/4ths Collision Liability Clause.
• Chapter 9: Protection and Indemnity Insurance – Mutual insurance clubs. Third-party liabilities. Club rules.
• Chapter 10: General Average – York-Antwerp Rules. Elements of a general average act. Contributions and security.

Volume 2 of a three-volume series. Volume 1 covers Foundations of Maritime Law. Volume 3 covers the Master's Wider Responsibilities.