General & Particular Average in Maritime Commerce

Course Info

Date: Nov-04-2024

Length: 1 Week

City: London

Fees: 5,450

Type: In Classroom

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Available Dates

    No available dates

Dates in Other Venues

  • Nov-18-2024

    Rotterdam

  • Dec-02-2024

    Dubai

  • Dec-09-2024

    Hamburg

  • Dec-16-2024

    Athens

Course Details

Course Outline

5 days course

Foundations and Principles

  • Ships and Shipping Markets: An overview.
  • Cargo Insurance Choices: Understanding options and impacts.
  • Average Adjusting Alternatives: Exploring different approaches.
  • Contracts of Carriage at Sea: Key legal considerations.
  • Jettison of Cargoes: Procedures and implications.
  • For the Common Good Concept: An introduction to collective responsibility in maritime practices.

Practical Applications and Examples

  • Examples of General Average (GA) Acts.
  • Procedures for Putting into a Port of Refuge for Repairs.
  • Strategies for Deliberately Stranding the Ship to Prevent Sinking.
  • Case Studies of GA Sacrifice (property), including Jettison of Underdeck Cargo and Cutting Parts of the Vessel.
  • Explore GA expenditure (money) examples, like hiring a tug to float a stranded vessel and the costs of discharging cargo at a port of refuge.

Average Documentation

  • Comprehensive review of Documents Required by Average Adjuster.
  • Detailed exploration of necessary documentation such as Cargo Manifest, Bills of Lading, Average Bonds, Logbook Extracts, Protests, Expense Accounts, Damage Surveys, and more.

Case Study 

  • In-depth Analysis of General and Particular Average Cases.
  • Managing Cargo Damage Control.
  • Strategies for Compensation Claims.
  • Invoking Defences in Average Claims.
  • Understanding Cargo Retention Clauses.
  • Limitation of Liability in Maritime Commerce.

Risk & Defence

  • Addressing Personal Injury Claims and Loss of Life.
  • Managing Costs of Marine Casualty Inquiries and Oil Pollution.
  • Navigating Collision Damage and Claims from Infrastructure Damage.
  • Tackling Claims from Wrong Delivery of Cargo.
  • Dealing with Penalties for Breaches of Customs, Immigration Laws, or Crew Misconduct.
  • Exploring Clubs Covering Legal Defence Costs.