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General Average Is a Necessity
Arruda Consulting, Vitória, ES, Brazil
- 1 Arruda Consulting, Vitória, ES, Brazil
Beijing Law Review·Volume 13 (2022)·Pages 340–349·Published 25 April 2022·DOI10.4236/blr.2022.132022
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Abstract
This article aims to expose how the general average has historically evolved in different countries, subject to the principles of mutual security and common benefit, and the requirements for an act to be considered general average under the York-Antwerp Rules. Through the literature review and jurisprudence on the subject, we seek to ratify that the general average is, so far, the best option for equitable distribution of unforeseen losses and damages that arise during a maritime adventure. However, one can criticize it for its cost, delay in solution, and lack of uniformity.
KeywordsGeneral AverageYork-Antwerp RulesCommon BenefitCommon Security
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