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The video discusses CLAUSULA 22, which is a standard clause in shipping contracts. The clause establishes the average general settlement as a currency for damage costs, and specifies that the shipowner will decide which currency to use as a reference for covering the cost. The clause also explicitly covers salvage, specifying that all those using the ship's service, as well as the ship's owners, carriers, and agents, will be responsible for covering the damage in proportion to their share of the ship's cargo weight that was present at the time.
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