The Four Freedoms of the High Seas The Convention on the High Seas, adopted at the Geneva Conference in April 1958, defined the positive aspect of the freedom of the seas by recognizing four fundamental freedoms, as follows:...
Obtaining a Building Permit One of the most important steps before undertaking any construction activity is obtaining official authorization from the competent authorities, in the form of a building permit. This permit confirms the legality of construction operations....
Multipurpose Vessels and Their Types and Applications in Maritime Transport Today, the increasing specialization of commercial sectors has led to the construction of a wide range of vessels, each designed to transport specific categories of cargo. Nevertheless, general...
Types of Bank Guarantees This article provides an overview of the main types of bank guarantees. Under Iranian banking practice, requests to extend the validity period of a bank guarantee are generally accepted.
The Exclusive Economic Zone and the Legal Regime Governing It The third maritime zone of a coastal State is known as the Exclusive Economic Zone. Prior to the 1982 United Nations Convention on the Law of the Sea,...