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General Average and Risk Management in Medieval and Early Modern Maritime Business
This open access book explores the history of risk management in medieval and early modern European maritime business, focusing particularly on 'General Average' – a mechanism by which extraordinary expenses regarding ship or cargo, incurred during a voyage to save the venture, are shared between all participants to protect equity. This volume traces the history of this risk management tool from its origins in the pre-Roman Mediterranean through to its use in the shipping sector today. Contributions range from the Islamic Mediterranean to the Low Countries, and taken together, provide a wide-ranging analysis of social, cultural, and political aspects of pre-modern maritime commerce in Europe.
Carbon-Free Shipping and Shipping Carbon
This book explores the private law implementation of the new international and EU regulatory framework targeting decarbonisation in the shipping industry. Compared with other sectors, the shipping industry has traditionally been labelled a 'slow mover' concerning the sustainability agenda. However, new regulatory measures on carbon reduction both internationally and in the EU require fundamentally new developments in the industry. This book focuses on the goal of carbon reduction from a private law perspective and considers how the new regulatory framework can be implemented in the shipping industry. This book studies existing contractual provisions in charterparties and bills of lading alon...
The Power and Pains of Polysemy: Maritime Trade, Averages, and Institutional Development in the Low Countries (15th–16th Centuries)
Listen to the podcast here. As the fall-out of the Ever Given Suez canal blockage shows, an ancient instrument like General Average (GA) is still highly relevant in redistributing risks and costs in maritime trade. However, bar marine insurance, not much is known about the development of tools of maritime risk management like GA, which redistributes extraordinary costs incurred for the common safety of maritime ventures. This book investigates the development of General Average and other so-called Averages in the Low Countries on the eve of the early modern period, showing how the various varieties of Averages played a significant role in the development of maritime risk management and the broader institutional development in the Low Countries.
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Duurzaam ondernemen
"De Koninklijke Vereeniging Handelsrecht heeft al meer dan honderd jaar tot doel om na te denken over passende wet- en regelgeving die, zoals in 1918 de originele statuten het formuleerden, recht doet ‘aan de eischen der tegenwoordige samenleving’. Die doelstelling brengt mee dat er steeds belangrijke en uiterst actuele onderwerpen en thema’s hun weg vinden naar de preadviezen van de Vereeniging. Anno 2021 zijn zulke uiterst actuele thema’s zonder enige twijfel de bevordering van duurzaam ondernemen en een duurzaam handelsverkeer, in het bijzonder een duurzaam transport. Duurzaamheid wordt veelal verbonden met drie specifieke aandachtspunten die zien op het effect van handelen op het...
Avarij-grosse en de aanwezigheid van schuld
Studie over het beginsel waarbij schade tijdens het scheepsvervoer gezamenlijk gedragen wordt door alle belanghebbenden, de averij-grosse, in het geval dat er sprake is schuld of nalatigheid aan de kant van één van de belanghebbenden.
