A Refresher on General Average and Why Shippers Should be Knowledgeable and Prepared
Dedola Global Logistics
FEBRUARY 16, 2021
The 14,000 TEU vessel experienced a massive container stack collapse en route to Long Beach from Hawaii on Nov. Now is a good time for a refresher on General Average and what it means for shippers. General Average applies liability for the loss proportionally to all shippers according to the percentage of the overall ship’s capacity.
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