IUA Circular 009/24

Ballast General Average – No cargo? No problem! 

with guest speaker: Nanami Hara, Fellow, Association of Average Adjusters
Event Chair: Burkhard Fischer, Chairman, Association of Average Adjusters

This market Briefing will be: HYBRID

Event Date:  Tuesday 19 March 2024

Time: 12noon for approx 1 hour  (UK/London time) 
Registration tea/coffee from 11.30am
Post-event buffet luncheon
Remote link to open at 11.50am

Venue: Aldgate/Bishopsgate Rooms, Cavendish Conference Centre, one America Square, 17 Crosswall, London EC3

Subject:   At this market briefing, our guest speaker will discuss the principle and allowances in ballast GA cases and policy coverage under English and other common clauses. 

Contact: Deborah Finch, IUA Events Manager (020 7617 4451)

This is a free event, but names and email addresses of all attendees are required for registration. 
Registration links will close the day before the date of the event for logistics/preparation or, if an in-person only event is fully booked.
Please click here to register For this Event.

Click here  for dial in details.

General average cases normally involve the vessel and the cargo on board, but there can still be GA when the vessel does not have cargo on board, known as ballast GA.

The absence of cargo does not change the principle of GA where interested parties generally contribute to expenses incurred for the common safety and safe prosecution of the voyage. However it does raise some important questions to consider: Who would contribute to GA? What is the voyage? How can the shipowners recover the costs?

At this market briefing, our guest speaker will discuss the principle and allowances in ballast GA cases and policy coverage under English and other common clauses.

Nanami is a qualified Fellow of the Association of Average Adjusters and works for RELA. She is involved with handling and advising on marine claims, including general average, particular average, total loss, collision liability, sue and labour and loss of hire.

Burkhard is a Fellow and current Chairman of the Association of Average Adjusters. He is a director of Albatross Adjusters Ltd. and based in Cyprus.

DISCLAIMER: The market briefing presentation materials and speaker comments therein were prepared solely by the presenter(s) in their personal and professional capacity. Any materials or opinions expressed do not necessarily represent the views of the IUA and IUA does not bear any responsibility for, or liability to, any parties in respect of the accuracy, legality or overall content of the presentation or any other comments made by speakers or other attendees during the market briefing. 
Please note that any recording of this session will be available post-event on the IUA's You Tube channel, 
subject to speaker authorisation and technical quality. 

We understand that some attendees are unable to join our webinar's due to company restrictions for some applications on company computers.  Please note you can also connect and join with a mobile or tablet device.

Please adhere to on line etiquette during our presentations.  We kindly ask you to mute your microphone and video upon commencing the link and to use the Chat application for any questions, which will be addressed by the speaker at the end of the presentation. We suggest dialling in at least 5 mins before the start of the webinar.

Anti-Trust Statement: It is the clear and unequivocal policy of IUA to comply in all respects with all applicable competition or antitrust laws. Consequently, IUA Market Briefing Attendees will not participate in any practice that would have the object or effect of restricting competition, nor will IUA provide a forum to promote anti-competitive conduct. In particular, any discussion or agreement on key commercial terms, such as commercial premiums, is likely in all instances to be unlawful and must be avoided. A competition law ‘Do’s and Don’ts’ guide is available and the IUA is happy to answer any questions on competition law that  attendees may have. 

As a member of the CPD (Continuing Personal or Professional Development) Certification Service the IUA is committed to providing high quality training activities. Our market briefing events are certified as being suitable for CPD purposes. To obtain a self assessment form for any particular event please email Deborah Finch. These forms will be issued after each individual event upon request. 

CPD will only be awarded to those who attend the original event only.