shipowner
1
4.4
- noun
- /ˈʃɪpˌoʊnər/
- After years of hard work, the shipowner finally bought their first cargo ship.
- merchant shipowners
- Genoese shipowners
- American shipowners
Examples
-
First, these shipowners are currently exempt from U.S. federal income and branch profit taxes.
Academic text (2016) -
Despite the aforementioned shortcomings, shipowners and their trade groups vigorously defend the long-standing use of open registries and flags of convenience.
Academic text (2016) -
The $14 million limit on shipowners' liability was also extremely low.
Academic text (1998) -
Risk distribution among ships and shipowners is a key factor in the economic sustainability of world shipping.
Academic text (2016) -
As long as flags of convenience offer shipowners vast economic and legal incentives, the practice will continue to grow.
Academic text (2016) -
As a result, the shipowner's wrongful arrest claim was dismissed.
Academic text (2017) -
Many open registry states do not require shipowners to disclose their identities at all.
Academic text (2016) -
In the case of American-based shipowners, the open registry system provides huge advantages.
Academic text (2016) -
On the other hand, many noblemen from Hvar, who were also shipowners, made large profits through their involvement in commerce.
Academic text (1993) -
Second, port states should enact measures to discourage shipowners from registering their vessels in lawless places.
Academic text (2016)
Synonyms
∞
1.0
A person who legally has something like a house or business
39
4.8
A person who owns a business or building
12
3.5
A person who owns something together with other people
1
4.1
A person or organization that legally owns property such as a house
Surface Forms
Morphology
Etymology
Shipowner is a simple compound of ship ('a large boat for travel or trade') and owner ('one who owns something'), so it literally means the person or company that owns a ship. That's why a shipowner is the one who takes the profits and the risks of shipping on the sea.