Exam Question
Explain the concepts of “Particular Average” and “General Average”. What are the circumstances when a general average can be declared? Who are average adjusters and what is their role in general average loss situations?
Class 1 (Chief Engineer)
Engineering Management
📅 Sep 2025
Reference Answer
### Introduction to Marine Averages
In maritime law, an "average" refers to a partial loss in a marine venture. The apportionment of such losses falls into two distinct categories: Particular Average and General Average. Understanding the distinction is fundamental to marine insurance and the commercial operation of vessels.
### Particular Average (PA)
**1. Definition:**
In maritime law, an "average" refers to a partial loss in a marine venture. The apportionment of such losses falls into two distinct categories: Particular Average and General Average. Understanding the distinction is fundamental to marine insurance and the commercial operation of vessels.
### Particular Average (PA)
**1. Definition:**
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