The What, How, & Why of the Ancient Principle of General Average

Following several attempts to free the Ever Forward, the ship’s owner declared General Average, citing “the increasing costs arising from the continued attempts to refloat the vessel.” What this means, in practice, is that the owners of the cargo now … Continue reading

Ever Given — No Longer Blocking Traffic, But Still Stuck in the Canal

The Ever Given no longer blocks traffic in the Suez Canal but, in a very real sense, the ship is still stuck in the canal. The ultra-large container ship ran aground for about a week in late March, blocking ships transiting … Continue reading