Course description
General and Particular Average in Maritime management, Commercial Law is a targeted course tailored for professionals engaged in maritime commerce. It covers the essential practices and procedures following Particular Average loss incidents, emphasising the crucial initial steps such as issuing a 'Note Protest', conducting damage surveys, and complying with the 'Tender Clause'.
The course focuses on understanding the liabilities and costs associated with the 'Hull', including repair cost calculations under the 'New for Old' principle. It also addresses the specific considerations when drydocking involves such incidents.
Furthermore, it explores the evaluation of cargo damage, highlighting the need to ascertain the value difference of goods pre and post-damage and the significance of meeting any 'franchise' conditions outlined in insurance policies.
This course is designed to provide maritime commerce professionals with a concise yet comprehensive understanding of the critical aspects of General and Particular averages in maritime operations, equipping them with the necessary knowledge to navigate these challenges effectively.
Upcoming start dates
Outcome / Qualification etc.
This course aims to provide delegates with a focused and comprehensive learning experience. The objectives are as follows:
- Comprehensive Understanding of General & Particular Average: Equip delegates with in-depth knowledge of General & Particular Average concepts crucial for Maritime management, Commercial Law.
- Insight into Commercial Shipping Environment: Provide a thorough understanding of the commercial shipping landscape, emphasising the intricacies of declaring the general average onboard.
- Analytical Thinking and Decision-Making Skills: Foster advanced analytical skills for decision-making in average adjusting and calculations, enhancing problem-solving capabilities.
- Development of Transferable Skills: Encourage acquiring valuable subject-specific and core skills through study and application, which are beneficial for future research and professional careers.
- Expertise in Average Calculations and Procedures: Enhance knowledge and understanding of specific procedures and calculations related to General and particular averages.
- Practical Application and Problem-Solving: Enable delegates to adeptly address and solve complex shipping average problems, including differentiating between tanker and dry cargo average calculations.
- Capability in Cargo Average Calculations: Equip delegates with the skills to effectively conduct relevant cargo average calculations, catering to the needs of shippers and consignees.
Training Course Content
Foundations and Principles
- Ships and Shipping Markets: An overview.
- Cargo Insurance Choices: Understanding options and impacts.
- Average Adjusting Alternatives: Exploring different approaches.
- Contracts of Carriage at Sea: Key legal considerations.
- Jettison of Cargoes: Procedures and implications.
- For the Common Good Concept: An introduction to collective responsibility in maritime practices.
Practical Applications and Examples
- Examples of General Average (GA) Acts.
- Procedures for Putting into a Port of Refuge for Repairs.
- Strategies for Deliberately Stranding the Ship to Prevent Sinking.
- Case Studies of GA Sacrifice (property), including Jettison of Underdeck Cargo and Cutting Parts of the Vessel.
- Explore GA expenditure (money) examples, like hiring a tug to float a stranded vessel and the costs of discharging cargo at a port of refuge.
Average Documentation
- Comprehensive review of Documents Required by Average Adjuster.
- Detailed exploration of necessary documentation such as Cargo Manifest, Bills of Lading, Average Bonds, Logbook Extracts, Protests, Expense Accounts, Damage Surveys, and more.
Case Study
- In-depth Analysis of General and Particular Average Cases.
- Managing Cargo Damage Control.
- Strategies for Compensation Claims.
- Invoking Defences in Average Claims.
- Understanding Cargo Retention Clauses.
- Limitation of Liability in Maritime Commerce.
Risk & Defence
- Addressing Personal Injury Claims and Loss of Life.
- Managing Costs of Marine Casualty Inquiries and Oil Pollution.
- Navigating Collision Damage and Claims from Infrastructure Damage.
- Tackling Claims from Wrong Delivery of Cargo.
- Dealing with Penalties for Breaches of Customs, Immigration Laws, or Crew Misconduct.
- Exploring Clubs Covering Legal Defence Costs.
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London Maritime Academy
London Maritime Academy provides a wide range of maritime training courses tailored to the global industry. Located in London and known for international standards, we offer diverse Classroom and Online courses taught by highly experienced experts in the maritime sector....