Rule 75: Part Tonnage

Where a Ship is entered with the Association for less than its full tonnage, the Association shall only be liable to the Member for such proportion of any liability, loss, cost or expense as the entered tonnage bears to the full tonnage.

Guidance

A Ship may be entered for part of her tonnage only.¹ If so, the Member is entitled to recover from the Association only such proportion of any liability, loss, cost or expense that the entered tonnage bears to the full tonnage.