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International Law Insurance

Ever Given and general average: How one of those quirky things about marine insurance works

When a 20,000 teu boxship becomes grounded in the Suez Canal, thousands of cargo interests are on the hook for a share of rescue costs. Two shipping barristers explain the whys and wherefores

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‘If the UK P&I Club ends up paying over the odds for release of ship and cargo, is that in some way equivalent to a ransom situation? Might that be recoverable in GA as well?’ asks prominent shipping QC

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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