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York-Antwerp
Rules 1950 defines General Average viz:
"There is
general average act when and only when any extraordinary
sacrifices or expenditure is intentionally and reasonably made
or incurred for the common safety for purpose of preserving form
peril the property involved in a common maritime adventure"
As with normal
custom and practice, you, as consignees will be notified by the
Carrier's Agent as and when the General Average is declared.
Once this is known, you should be in constant touch with the
Carrier's Agent in order to have the following information.
1. Nature of
the Casualty
2. Name of
Average Adjuster
As soon as the
above information is available, please let us know immediately
so that we may arrange to issue the usual Guarantee Form in
order to enable you to take delivery of the cargo. You would
also be required to complete a counter guarantee form for our
records.
To take delivery
of the cargo, you would have to surrender the following document
to the Carrier's Agent.
1. Insurance Company's Guarantee Form.
2. Acetified
copy of the original shipper's invoice
3. Lloyd's
Average Bond and Valuation Form which should be signed by you. |