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    CM 40 3KENT TRADER - Average Guarantee blank (공동해손보증장 양식)

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    Lê Nhân Yên
    The document is an average guarantee form issued by insurers to cover potential general average or salvage contributions for goods shipped on the vessel "KENT TRADER" which suffered an engine room fire off Hong Kong on July 20th, 2021. The guarantee covers 19,958.40 kgs of cotton yarn valued at USD 95,590.96 being shipped from Ho Chi Minh, Vietnam to Incheon, Korea. The insurers agree to provide information to the average adjusters handling the claim and make prompt payments once contributions are determined according to English law.

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    CM 40 3KENT TRADER - Average Guarantee blank (공동해손보증장 양식)

    Uploaded by

    Lê Nhân Yên
    31 views2 pages
    The document is an average guarantee form issued by insurers to cover potential general average or salvage contributions for goods shipped on the vessel "KENT TRADER" which suffered an engine room fire off Hong Kong on July 20th, 2021. The guarantee covers 19,958.40 kgs of cotton yarn valued at USD 95,590.96 being shipped from Ho Chi Minh, Vietnam to Incheon, Korea. The insurers agree to provide information to the average adjusters handling the claim and make prompt payments once contributions are determined according to English law.

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    The document is an average guarantee form issued by insurers to cover potential general average or salvage contributions for goods shipped on the vessel "KENT TRADER" which suffered an engine room fire off Hong Kong on July 20th, 2021. The guarantee covers 19,958.40 kgs of cotton yarn valued at USD 95,590.96 being shipped from Ho Chi Minh, Vietnam to Incheon, Korea. The insurers agree to provide information to the average adjusters handling the claim and make prompt payments once contributions are determined according to English law.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    31 views2 pages

    CM 40 3KENT TRADER - Average Guarantee blank (공동해손보증장 양식)

    Uploaded by

    Lê Nhân Yên
    The document is an average guarantee form issued by insurers to cover potential general average or salvage contributions for goods shipped on the vessel "KENT TRADER" which suffered an engine room fire off Hong Kong on July 20th, 2021. The guarantee covers 19,958.40 kgs of cotton yarn valued at USD 95,590.96 being shipped from Ho Chi Minh, Vietnam to Incheon, Korea. The insurers agree to provide information to the average adjusters handling the claim and make prompt payments once contributions are determined according to English law.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    AVERAGE GUARANTEE (FORM B)

    (Based on wordings approved by the Association of Average Adjusters and the Institute of London
    Underwriters)

    Note: This guarantee will be accepted provided that no additions, deletions or amendments are made to it.

    To: The Owners of the vessel named below and other parties to the adventure as their interests may appear.

    VESSEL: “KENT TRADER”

    CASUALTY and DATE: 20th July 2021 Engine room fire off Hong Kong.

    In consideration of the delivery in due course of the goods specified below to the consignees thereof without
    Collection of a deposit, we, the undersigned insurers, hereby undertake to pay to the ship-owners or to the
    Average Adjusters, Marine Claims Office of Asia, on behalf of the various parties to the adventure as their
    interests may appear, any contribution to General Average and/or Salvage and/or Special Charges which may
    hereafter be ascertained to be properly and legally due in respect of the said goods.

    We agree further:

    a) to furnish to the said Average Adjusters at their request all information which is available to us
    relative to the value and condition of the said goods;

    b) to make prompt payment(s) on account of such contribution as may be properly and legally due in
    respect of the said goods, as soon as the same may be certified by the said Average Adjusters;

    c) that this agreement shall be governed by English Law and High Court of Justice of England and
    Wales shall have exclusive jurisdiction over any dispute arising out of this agreement and each party
    shall irrevocably submit to the jurisdiction of that Court;

    d) that any period of prescription, whether provided by statute law, contract or otherwise, shall
    commence to run from the date upon which the general average adjustment is issued;

    Port of shipment : HO CHI MINH PORT, VIETNAM

    Port of destination/discharge : INCHEON, KOREA

    Bill of Lading or waybill number(s) : HASLS21210701278

    Container Number(s) : BMOU6076284

    CM 40 BCI
    Quantity and Description of Goods : NE 40/1 100 PCT BCI COTTON COMBED YARN WAXED FOR KNITTING.
    NET WEIGHT: 19,958.40 KGS
    Insurers Policy/Reference number : Policy No.: 85-M0004904-MCA-R006

    Insured value : USD 95,590.96


    Signature :

    Name & Address :

    Tel No :

    E-mail :

    Date :

    The Average Adjusters are:

    Marine Claims Office of Asia Pte Ltd, 101 Cecil Street, #08-04/05, Tong Eng Building, Singapore 069533
    Tel: +65 6438 4016 Mobile: +65 9129 4691 (James Kilbee)
    Email: [email protected]
    Web: www.marineclaimsoffice.com

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