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  • Ship's agents: what rights, what financial responsibilities?

    By Yasmine EDDAM
    17 April 2025
    Becoming part-owner of a ship, or "quirataire" as it is known, opens the door to a shared maritime adventure. But beyond the dream, this status confers specific rights and, above all, implies financial responsibilities that it is essential to understand before committing yourself. Far from being a simple passive investor, the joint owner holds a share in the ship and participates in its legal and economic life. However, their commitment may exceed their initial outlay, particularly in the event of debts. The creation of joint ownership of a vessel also means that each tenant must agree on the management and maintenance of the boat, which may require regular meetings and good communication. What's more, it's essential to familiarise yourself with the maritime regulations and legal obligations that govern joint ownership, to avoid any disputes between the joint owners. So this maritime adventure requires not only a financial investment, but also a commitment...
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