What is the difference between general average and particular average




















I would like to ask whether in a case of stranded ship if a ship superintendent is flown in to supervise the removal , the expense of flying the super can be included in the GA.

The average adjuster will continue to hold the liable party responsible for their general average contribution. Nicely explained. Sir can u enlightened us about, what is allowable and non allowable general average losses??? Thanks in advance. Many thanks for your explanation that made me take a second look to insurance contracts we sign for the shipment of our goods.

Never heard about this before. Is there any statistical information on how often these events occur in, for instance, a cross atlantic route? It is very useful. In a very simple language it is explained. Even a layman get a fair idea about the general average. Very interesting post, thanks for sharing valuable information. Still we are not sure what will happen in the event if vessel sunk. For e. The article contains very useful information for those who are directly connected with international shipping business.

I have just experienced this first hand with a shipment from India. We had shipped a small LCL consignment on behalf of our client. Halfway to Singapore the vessels engine blew up causing the vessel to become adrift. A special rescue operation was arranged to save the ship and its cargo and the captain claimed General Average. My client was lucky in this instance as his cargo was of low value , His Average bond came to USD Please reiterate to your clients that transit insurance is very important and general average is REAL!!!!

Thanks for sharing your practical experience with us Cos.. Shipping is unpredictable business and such things are very real and could happen to anyone anytime and it is always good to be sufficiently covered.. If I may throw my two cents worth of advise to shippers. Lots of folks out there do not understand GA and Export Brokers should do diligence and make sure their customers are made aware of what could happen in a loss at sea or even at a port during loading or off loading.

Appreciate it.. Asuransi Lloyd Indonesia. Asuransi Maipark Indonesia. Asuransi Umum Mega. Asuransi Mega Pratama. Asuransi Mitra Maparya. Pan Pacific General Insurance.

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