Demise Clause

Demise Clause in Maritime Law

Note: There is more information on maritime/admiralty law here.

The following is a definition of Demise Clause, produced by Tetley, in the context of admiralty law: [Translation of Demise Clause in French: “clause de dévolution”] [Translation of Demise Clause in Spanish: “cláusula de cesión”] [Translation of Demise Clause in Italian: “clausola di cessione”] [Translation of Demise Clause in German: “Demise-Klausel”] – A clause in a bill of lading (see this maritime law term in this legal dictionary) providing that, unless the ship is owned by or chartered by demise to the party who issues the bill, the shipowner or demise charterer is the carrier (see this maritime law term in this legal dictionary). See Tetley, M.C.C., 4 Ed., 2008 at pp. 601-644; Tetley, Int’l. M. & A. L., 2003 at p. 104. See also Identity of carrier clause (see this maritime law term in this legal dictionary).

Demise Clause in Admiralty Law

For information on demise clause in this context, see the entry on demise clause in the maritime law encyclopedia.