dali

Dali’s Owners Declare General Average

The owners of the Dali, the 9,971-TEU containership that lost power struck the Francis Scott Key Bridge in Baltimore harbor, have declared “general average,” according to a spokesperson for vessel owner Grace Ocean Private Ltd.General average is a principle in maritime law in which all stakeholders proportionately share any losses resulting from the sacrifice of ship and/or cargo to save the whole in an emergency. That means the ship owner ... [+]