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GRP - GLASS REINFORCED PLASTIC
This combination of resin and fibreglass is a common outer skin for tank containers; it is used to encase insulation round the tank.
GENERAL AVERAGE
Is an insurance term which describes the process whereby the parties whose interests have been sacrificed or who have incurred extra expense, are recompensed by the contribution of those whose interests have been saved. (see also York-Antwerp Rules)
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