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Master's Thesis from the year 2014 in the subject Law - Miscellaneous, grade: Merit, University of Southampton, course: Masters of Shipping & Maritime Law, language: English, abstract: The most distinguishing and important characteristic of sea transport is a great value possible to carry on-board each ship. Maritime commercial trade I believe is one of the most international industry in itself. A ship registered in one country; owner could be from another country; master and crew could be from third country, carrying cargo of the owners from fourth country, transiting different waters and carrying out commercial activity in other country's judicial boundaries. This makes it unarguably an industry that deals with legislation from so many different jurisdictions. And hence the uniformity in all these various legislation seeks a right balance. Which I feel that, unfortunately, the right balance between this various maritime legislation is still yet to be achieved.