general average

By Brendan Murray Apr 13, 2024 (Bloomberg) –The owner of the ship that destroyed Baltimore’s Francis Scott Key Bridge has started a formal process

Evergreen Marine, the owner of the stuck Ever Forward, has declared General Average following two unsuccessful attempts to refloat the ship in Chesapeake Bay.

The owners of the NYK Delphinus have declared General Average after an engine room fire off the coast of California earlier this month. Ocean Network Express,

By Gavin van Marle (The Loadstar) – As the investigation into the grounding of the Ever Given in the Suez Canal begins, the

MSC Mediterranean Shipping Company is taking the unusual step of covering costs related to the fire on board the Maersk Elba in order to avoid General Average.

The owner of the Ocean Network Express containership has declared general average following an engine room fire in the Malacca Straits in early January, ONE

By Mike Wackett (The Loadstar) – It seems the ultra-large container vessels (ULCVs) that have become the ‘new normal’ on the Asia-Europe tradelane

Hapag-Lloyd says repairs are nearing completion on board the fire-stricken containership Yantian Express in Freeport, Bahamas. According to a May 1 customer

By Mike Wackett (The Loadstar) – The fire-stricken 9,200 teu APL Vancouver is en route to a Singapore lay-by berth for inspection by surveyors, following

By Gavin van Marle (The Loadstar) – Hapag-Lloyd has formally declared general average on its fire-stricken Yantian Express. A fire broke out in a

By Gavin van Marle (The Loadstar) – Shippers with cargo aboard the fire-stricken Maersk Honam will have to stump up over half its value if it is to be

By Mike Wackett (The Loadstar) – The insurance industry is bracing itself for hundreds of millions of dollars of claims from the biggest container