|
Registered
Join Date: Sep 2013
Location: Where the crabs are, MD
Posts: 837
|
Still stuck (and Francisco Fernando still dead).
Apparently Evergreen has now declared "General Average," a term I wasn't familiar with, but according to Wiki:
The law of general average is a principle of maritime law whereby all stakeholders in a sea venture proportionately share any losses resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency.
So they're kind of telling the cargo owners "hey, if this goes any further south you could be screwed, too," is that it?
__________________
Rob C.
'72 914 2056
'75 914 Project
|