32 CFR §842.73
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Admiralty contracts. A contract covering maritime services or a maritime transaction such as vessel procurement and space for commercial ocean transportation of DOD cargo, mail, and personnel is an admiralty contract.
- (b)General average. General average is the admiralty rule that when someone's property is thrown overbaord to save a ship, the ship owner and all owners of the cargo must share the loss.
- (c)Maritime torts. A maritime tort is one committed in navigable waters or on land or in the air where a substantial element of the damage, personal injury, or death occurred in navigable waters. The activity causing the tortious act must bear some significant relationship to traditional maritime activity.
- (d)Vessel. Every description of watercraft used or usable as a means of transportation on water is a vessel. (1 U.S.C. 3)