Answer
Ans - This means that shipowners will be required to pay compensation for damage caused by their ships, without the need for the claimant to prove that the damage was caused by recklessness, negligence or acts committed by the shipowner with intention to cause damage.
If any damage is caused by the ship by its master or crew, it is the responsibility of the ship owner to pay for those damages caused but rationale for allowing shipowners to limit their liability in respect of ship-sourced damage is to encourage shipping and trade. This involves balancing the competing objectives of compensating anybody who suffers loss or damage caused by shipowners or their representatives, while ensuring that shipping remains a profitable venture.