The York-Antwerp Rules

The York-Antwerp Rules are a set of guidelines used in maritime law to determine how to divide the financial losses incurred during a sea voyage among various parties involved, such as shipowners and cargo owners. These rules help clarify what costs should be shared when unexpected events, like storms or accidents, cause damage or loss to a ship or its cargo. They aim to create a fair system for managing these risks and ensuring that all parties understand their responsibilities and rights if a loss occurs.