General average(for those, like me, who were lost) :The law of general average is a principle of maritime law whereby all stakeholders in a sea venture proportionally share any losses resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency. For instance, should the crew jettison some cargo overboard to lighten the ship in a storm, the loss would be shared pro rata by both the carrier and the cargo-owners.
General average(for those, like me, who were lost) :The law of general average is a principle of maritime law whereby all stakeholders in a sea venture proportionally share any losses resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency. For instance, should the crew jettison some cargo overboard to lighten the ship in a storm, the loss would be shared pro rata by both the carrier and the cargo-owners.
Well, they racked up some enormous fines (charged by the hour) during the period of time they blocked shipping in the canal.
Sounds like the owner is going to try to use some of the cargo to offset those fines? That would be weird (and suck for the owners of the cargo).
I wonder what else that would lead to... inspections of most of the containers on the ship maybe?