(1) If the ship, the fuel, the cargo or several of these items are intentionally damaged or voluntarily sacrificed upon the master’s orders in order to preserve the ship, its company, and cargo from common peril, or if any expenditures are incurred to this end upon the master’s orders (general average), the resulting damages and expenditures are borne jointly by the parties involved.
(2) A “party to the adventure” is defined as a party who, at the time of the general average act, is the owner of the ship or owner of the fuel, or who bears the risk of loss with regard to a cargo unit or freight claim associated with the shipment.