What is General Average..??
Imagine a ship full of cargo on its voyage and something untoward happens during the voyage such as
a fire on board (maybe due to incorrect hazardous cargo declaration) or
the ship gets stranded or grounded due to machinery breakdown or
there is a stack collapse on board a container ship (maybe due to mis-declaration of container weights) or
the ship gets caught in heavy weather and some cargo on board the ship has shifted due to the heavy weather jeopardizing the stability of the ship
or any other life threatening situation caused by natural or unnatural circumstance