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Foenus nauticum (bodmerei) is the legal transaction which the captain of the ship on the voyage concludes with legal effect for the account and in the name of his shipowner if it is necessary for the performance of the voyage. The captain is not personally liable, but only with the ship and the cargo.

Term-Nr.: 379

German: Foenus nauticum (342)

Source: LK-Lötscher, 11.05.2020

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

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