What York-Antwerp Rules 2016 - International Rules for General Average requires
The York-Antwerp Rules 2016 (YAR 2016) are the internationally accepted standard for adjusting general average - the ancient maritime law principle by which extraordinary sacrifices or expenditures made for the common safety of a ship and its cargo are shared proportionally among all parties to the maritime adventure. YAR 2016 are incorporated by reference into most bills of lading and charterparties and are adjusted by an average adjuster appointed by the parties.
Pillar: Maritime & Shipping · Authority: Comité Maritime International (CMI) - adopted at the CMI Conference, Vancouver, May 2016 · Version: 1.0.0 · Last updated:
Primary source: https://comitemaritime.org/work/york-antwerp-rules/
SHA-256 integrity: 2eeab7d1467d21c3cb09abb02d904f83e879b00a1c0701a681b7ad3b99ee7221
Primary Citations — 7 traced to source
- {"source":"York-Antwerp Rules 2016 (YAR 2016) - adopted by the CMI at the Vancouver Conference, May 2016","url":"https://comitemaritime.org/work/york-antwerp-rules/","relevant_sections":"Rule A (definition of general average act: intentional, reasonable, extraordinary sacrifice for common safety), Rule B (general average losses), Rule C (excluded losses), Rule D (rights of contribution despite fault), Rule E (duty to act in good faith and provide supporting documentation), Rule F (substituted expenses), Rule VI (salvage remuneration included in GA), Rule XI (wages and maintenance of crew during delay at port of refuge), Rule XIII (deductions from cost of repairs - new for old), Rule XVII (contributory values at port of discharge), Rule XX (provision of funds and cash deposits), Rule XXI (interest at CMI published rate), Rule XXII (treatment of cash deposits), Rule XXIII (1-year time bar from date of adjustment)"}
- {"source":"CMI - History and Development of the York-Antwerp Rules (CMI publication)","url":"https://comitemaritime.org/work/york-antwerp-rules/","relevant_sections":"Evolution from YAR 1924 through 1950, 1974, 1990, 1994, 2004 (not widely adopted), and 2016; key changes in 2016 - Rule VI salvage remuneration, Rule XI crew wages, Rule XIII new-for-old deductions"}
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