General Average

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If a cargo ship’s master voluntarily sacrifices the cargo, equipment or funds from the ship to save the voyage, then all parties involved in the venture (including all cargo owners) are required to make a proportional contribution to cover the … Read More

General Average Insurance

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The deliberate sacrifice of cargo to make the vessel safe for the remaining cargo. Those sharing in the spared cargo proportionately cover the loss.

General Order

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U.S. Customs issues a General Order when a cargo or container goes unclaimed for a period of time.