| The unsuspecting charterer, often drawn by attractive-sounding freight rates, next learns that the ship, shipowner and cargo have gone missing. |
| We hold pilotage to be a service to the shipowner and general public to ensure that safety is put before profit. |
| Michel Dacarrette, one of the most prominent members of the family, was a privateer, a shipowner, and an entrepreneur based at Placentia. |
| The right of the shipowner to limit his liability is at present practically unbreakable. |
| On the one hand, a shipowner could send his ship without convoy and make a good profit but at the great risk of its being captured. |
| The shipowner could earn more at less risk by making sure there were demurrage clauses in the charter party. |
