A ship of US$ 8,150,000 carried 5 consignments A, B, C, D, E valued at US$ 400,000;

2,500,000; 3,000,000; 2,000,000 and US$ 500,000.

During her journey, the ship got stuck, causing some holes in the hull and water to flow in. In
order to save ships and cargo, the master decides to:
- Temporarily seal the holes with the means and goods on board;
- Throw away some goods on board to lighten the ship;
- Overload vessels to take the ship out of the endangered zone;
The master declares general average. The losses and costs are as follows:
- The broken shell of the ship to be repaired for $ 150,000;
- The damaged engine due to overloading to be repaired for $ 50,000;
- Lot B gets flooded with 100% loss in commercial value;
- Lot A was thrown into the sea to make the ship light.
- Damage caused by the use of articles on the ship to save the ship and expenses for sailors in
saving the ship cost 45,000 USD.

1) Please point out which ones among these losses and damages are: General Average and
Particular Average. Briefly explain why?
2) Calculate GA loss and Contributory value.
3) Calculate contribution rate
4) Calculate each party’s contribution amount/value.
5) Calculate the final contribution of each party (who would have to pay and who would
receive, how much?)
6) Checking and balancing: total collection and total receipt

***Note: Reference materials: Please refer to the course syllabus in the materials of Moodle.
1. Nguyễn Xuân Minh, Nguyễn Thị Thu Hà (2016), Import-Export Operations, Nhà xuất bản
Đại học Quốc gia TpHCM (chương 7)
2. Trịnh Thị Thu Hương (2011), Giáo trình Vận tải và Bảo hiểm trong ngoại thương, Nhà xuất
bản Thông tin và Truyền thông. (Chương 6)