The declaration, known as a general average declaration, comes into play following significant maritime incidents to help recoup high recovery expenses.
Allen Black, a maritime attorney at Mills Black LLP, explained the implications of the declaration.
“The classic general average expense is salvage, which is what we are seeing here in Baltimore. Before that vessel and move and the cargo can carry on its way, the bridge has to be removed from on top of it and the vessel has to be towed back to a dock,” Allen said.
In order to figure out how much cargo owners must pay towards the recovery efforts, the Dali first needs to be extracted from underneath the Key Bridge. Once this has been done, the ship will return to port in Baltimore where investigators will offload it and assess the value of everything onboard, reports CBS News.