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What Does General Average Mean In Shipping? [Solved]

General Average is a principle of maritime law that essentially establishes that all sea cargo stakeholders (owner, shipper, etc.) evenly share any damage or losses that may occur as a result of voluntary sacrifice of part of the vessel or cargo to save the whole in an emergency.

What is General Average?

Trade Risk Guaranty provides an introduction to the concept of

Introduction to General Average [Webinar]

Trade Risk Guaranty presents an introduction to

What is General Average? | Maritime Law | Capt. Anand | HIMT

In this video of