General Average

General average. In the case of general average, the common interest – retaining vessel and cargo – takes precedence. Any sacrifices made by the captain are made in the name of common interest, so that it is obvious that every interested party bears a proportional share of the damage, which otherwise would have been at the expense of one of the interested parties. According to the York-Antwerp rules of 1950, the official definition of general average is: ‘A general average act is when – and only when – an intentional and reasonably exceptional sacrifice or expenditure is made in the name of general protection, with the objective of safeguarding the goods involved in a common business against danger at sea’.

Groupage (LCL – Less Container Load)

Groupage is the same as LCL (Less than Container Load) . Transporting a shipment with other goods in the container is referred to as LCL. Thus multiple LCL shipments with different Bills of Lading and different owners can be loaded in a single container. Any space used in the container is subject to a charge.


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.