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The law of admiralty is a complex area of law which, as will be discussed below, goes back to antiquity. It is a classic discipline and, it is said, the only true body of international law, a lingua franca through which people of different nations can come together to deal with the promise, profits and perils of voyages at sea. It also includes, however, some recent developments borne out of the economic and environmental challenges of the late twentieth century. In addition to traditional commercial topics, admiralty can be said to include the laws which regulate the ever increasing recreational boating activities such as cruising, fishing and racing. Once an elitist sport and lifestyle, yachting has become so widespread as to require government regulation in all its forms. This article is not meant to provide a comprehensive description of maritime law or specific legal advise on any given topic. Rather, it is a general overview of the subject which attempts to address both traditional commercial areas, such as carriage of goods, general average and maritime liens, as well as topics of interest to the yachtsman and recreational boater. We will have reached our goal if this brief discussion can trigger a spark of interest and introduce the reader to this intriguing and fascinating discipline.