Article
Key Amendments To The New CMC & Practical Impact On Shipowners And P&I Clubs
China's newly revised Maritime Code introduces significant structural and substantive changes that will reshape risk allocation, liability exposure, and insurance arrangements across the shipping industry. The comprehensive reform expands carrier liability, increases limitation amounts, and establishes a dedicated framework for oil pollution damage while formally recognizing P&I Clubs for the first time in Chinese maritime law.
Wang Jing & Co