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What is the correct way to use the French special line?

Date: 2017-04-05
Views: 36

The value of the common average share of the French special line cargo is calculated based on the value of the goods at the time of shipment plus insurance premiums and freight, minus the amount of loss that is not common average and the freight borne by the carrier at risk. If the goods are sold before they arrive at the port of destination, they are calculated based on the net amount of the sale plus the amount of common loss. The freight sharing value is based on the freight that the carrier bears the risk and has the right to charge at the end of the voyage. The French special line deducts the operating cost paid for the completion of the voyage after the common marine damage accident for obtaining the freight, plus the common Calculation of the amount of gross damage sacrificed. Each of the above assessed values must be added to the amount of common average loss, because part of the common average loss will be compensated from other beneficiaries, so there is also part of the value that is preserved because of the common average loss, so it should also be calculated Within the common average share of value. 5) Calculation of the common average share of the common loss should be shared by the beneficiaries in proportion to their respective assessed value. France Line

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