“It´s now up to underwriters, brokers and corporate risk managers to find a stable equilibrium environment and the most adequate risk solutions”, Bosco Francoy
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Navigation and Risk: The Impact of General Average
A maritime adventure is a risky undertaking. Ship owners, loaders, and charterers that use ships for maritime transportation face risks that are common to all of them, and may occur with certain likelihood. General Average embodies the principle of shared adversity,...
