General Average

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August 31, 2024 4 min read Definitions
General Average: A Principle in Marine Insurance
Finance Insurance Marine Insurance General Average Marine Insurance Risk Sharing Maritime Law Emergencies
A principle in marine insurance where all parties in a sea venture share losses proportionally, typically resulting from voluntary sacrifices during emergencies to save the whole ship or cargo.
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August 24, 2024 4 min read Definitions
York Antwerp Rules: Meaning, Origin, and Usage
Maritime Law International Trade York Antwerp Rules Maritime Law General Average Shipping Legal Principles
Comprehensive guide to the York Antwerp Rules outlining their meaning, historical origin, and specific applications in maritime law.
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