After the common average loss occurs, in order to seek common safety or continue sailing, the shipowner must raise funds to advance various expenses, such as refuge port fees, repair costs, etc. <br><br>These common average damage expenses should be paid by a common fund account. <br><br>However, the payment of fees is urgent, and the shipowner usually <br><br>raises the advance payment of 2% of the YAR’s 2% commission for the common advancement cost, which is allowed to be recognized as common average loss.
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