May 6, 2025 0 comments by Christopher Hardwick Abbreviation: FPAEC. Same as FPAAC except that the partial losses referred to are recoverable if the vessel has stranded, sunk, burned, been on fire or in a collision, regardless of whether such losses were actually caused by any of these perils. Share this: Facebook Twitter Google + Pinterest Email to a Friend previous projects Free of Particular Average, American Conditions next projects Free on Board (… Named Port of Shipment)