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Just reading about a fire one of the Maersk ships had and how they are billing companies who had containers on board under 'General Average'.  Never heard of that but it sounds rather convenient to the shipping company.

 

Must remember not to sniff at insurance if I ever ship anything anywhere again...

 

https://worldmaritimenews.com/archives/249064/maersk-honam-battling-a-fire-for-over-a-month/

 

Maersk Line said earlier that the berthing and discharging operations of the fire-ravaged boxship would result in high extraordinary costs.

The company has therefore decided to declare General Average, under which all parties with a financial interest in the voyage are to proportionally share the losses resulting from the incident.

maersk-honam1.jpg

British International Freight Association (BIFA) said insurance claims resulting from the fire would be hundreds of millions of dollars.

 

 

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