ABSTRACT

Written from the perspective of the Average Adjuster, and updated to include a detailed analysis of the new rules adopted in 2016, this book is an essential read for practitioners in maritime law and marine insurance.

The book contains: 

  • historical references regarding the establishment of General Average from Roman Law onwards;
  • details of the establishment of International rules to achieve uniformity in the adjustment of General Average and their development:
    • the Glasgow Resolutions of 1860; 
    • the York rules of 1864; and
    • the York-Antwerp Rules 1877, 1890, 1924, 1950, 1974, 1994, 2004 and 2016;

  • a detailed analysis of the York-Antwerp Rules 2016; 
  • CMI Guidelines relating to General Average;
  • general average security;
  • general average absorption clauses; and 
  • new to this edition: insurance of average disbursements.

part 1I|18 pages

Background

part 19II|230 pages

The 2016 Rules

chapter 4|4 pages

Rule of Interpretation

chapter 5|3 pages

Rule Paramount

chapter 6|4 pages

Rule A

chapter 7|5 pages

Rule B

chapter 8|9 pages

Rule C

chapter 9|5 pages

Rule D

chapter 10|5 pages

Rule E

chapter 11|14 pages

Rule F

chapter 12|14 pages

Rule G

chapter 13|3 pages

Rule I: Jettison of Cargo

chapter 15|4 pages

Rule III: Extinguishing Fire on Shipboard

chapter 16|3 pages

Rule IV: Cutting Away Wreck

chapter 17|3 pages

Rule V: Voluntary Stranding

chapter 18|14 pages

Rule VI: Salvage

chapter 19|5 pages

Rule VII: Damage to Machinery and Boilers

chapter 22|17 pages

Rule X: Expenses at Port of Refuge, etc.

chapter 25|5 pages

Rule XIII: Deductions from Cost of Repairs

chapter 26|13 pages

Rule XIV: Temporary Repairs

chapter 27|3 pages

Rule XV: Loss of Freight

chapter 29|14 pages

Rule XVII: Contributory Values

chapter 30|7 pages

Rule XVIII: Damage to Ship

chapter 32|6 pages

Rule XX: Provision of Funds

chapter 34|5 pages

Rule XXII: Treatment of Cash Deposits

chapter 36|4 pages

CMI Guidelines Relating to General Average

part 249III|16 pages

Practical Issues

chapter 37|5 pages

General Average and Salvage Security

chapter 38|4 pages

General Average Absorption Clauses

chapter 39|5 pages

The Insurance of Average Disbursements