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General Average

shipping container at sea
Definition

A principle of maritime law where losses incurred during a voyage are proportionately shared among cargo owners, shipowners, and other parties. It ensures that all parties involved contribute to the financial burden caused by extraordinary events, such as accidents or sacrifices made to save a vessel or its cargo.

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General Average

Definition

A principle of maritime law where losses incurred during a voyage are proportionately shared among cargo owners, shipowners, and other parties. It ensures that all parties involved contribute to the financial burden caused by extraordinary events, such as accidents or sacrifices made to save a vessel or its cargo.

Have a question? Talk to an expert.

Our experts love to answer questions. Fill out the form and someone will contact you soon.

Thank you for your submission!

A member of the Vizion team will be in touch shortly.
Oops! Something went wrong while submitting the form.

Get the Most Advanced Visibility Into the Journey of Your Ocean and Rail Containers

Talk to one of our supply chain experts to get started now.
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Shipping container at seaShipping container at sea