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1. Simple or Particular Average – Includes all expenses and damages caused to the vessel
or cargo which have not inured to the common benefit of all persons interested in the vessel or cargo.
2. General or Gross Average - Includes all the damage and expenses which are deliberately
caused in order to save the vessel, its cargo or both, from real and known risks
or cargo which have not inured to the common benefit of all persons interested in the vessel or cargo.
2. General or Gross Average - Includes all the damage and expenses which are deliberately
caused in order to save the vessel, its cargo or both, from real and known risks
