From the contents Factual Situation and Legal Foundations.- The Classification of Vessels.- Private Operations and Public Functions in Detail.- Non-Delegable Duty of the Shipowner to Make the Vessel Seaworthy and Presumption of Unseaworthiness.- Legal Analysis.- Private Functions: The Protection of Contracting Parties.- Private Functions: Liability Towards Third Parties.- Public Functions.- A Convention on the Limitation of Liability of Classification Societies.- The Limitation of Liability in Shipping.- Limitation of Liability under the Current System of Limitations.- Justifications of a New Convention on the Limitation of Liability.- Principles of a Convention on the Limitation of Liability.- The Limitation of Liability for Public Functions.- Conclusion.