There was an incident in Bremerhaven in May when a gantry crane collapsed on to the ship Maersk Karachi. A couple of weeks after that, during the repair-work, there was a fire in the hold and consequently the fire services flooded holds three and four.
General Average is a process whereby the parties whose interests have been sacrificed, or who have incurred extra expenses, are recompensed by the contribution of those whose interests have been saved.
As General Average has been declared, you will be asked for an indemnity or a deposit. Any standard Marine Insurance policy will include General Average losses, so if the goods have been insured the insured party should obtain a General Average guarantee from the insurers.
Whatever the position, your first action upon receiving notification that a General Average has been declared for a vessel, is to give immediate notice to your customer.
This is one superb reason to have Marine Insurance in place and therefor limit your liability should anything go wrong.
General Average is a process whereby the parties whose interests have been sacrificed, or who have incurred extra expenses, are recompensed by the contribution of those whose interests have been saved.
As General Average has been declared, you will be asked for an indemnity or a deposit. Any standard Marine Insurance policy will include General Average losses, so if the goods have been insured the insured party should obtain a General Average guarantee from the insurers.
Whatever the position, your first action upon receiving notification that a General Average has been declared for a vessel, is to give immediate notice to your customer.
This is one superb reason to have Marine Insurance in place and therefor limit your liability should anything go wrong.
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