About the Work This commentary, which has set standards in the field of maritime trade law for over 40 years, focuses on Book 5 of the German Commercial Code (HGB), which is often not explained in other commercial law works. Even in peripheral areas, such as the discussions on the international jurisdiction of courts, the commentary provides an astonishing wealth of information. Practitioners will find the necessary information presented in a concentrated and clear manner. Important international conventions, such as the Hague-Visby Rules and the Rotterdam Rules, as well as regulations from related laws, e.g., regarding dispatch under the Family Court Act (FamFG), are also commented on. Common templates and clauses, such as the Conlinebill 2016, as well as legal texts, are included. Important special topics, such as arresting ships, towage contracts, and port operations, as well as questions of overarching significance, are addressed.