Marine & Transit - April 2010
In this quarterly instalment of our
newsletter, we review a number of recent shipping and marine
insurance cases including two Court of Appeal judgments overturning
earlier decisions of the Commercial Court.
Marine insurance: inherent vice or marine peril?
If cargo is damaged at sea in predictable
conditions, must inherent vice be inferred? With a blow being struck against underwriters,
Mike Burns reviews the Court of Appeal's judgement in
The "Cendor MOPU".
Set back for London arbitration
Cargo receivers have succeeded in establishing
that a Spanish Court decision overrules the possible
application of London arbitration to a claim.
Terry Donaghy discusses the recent Court of
Appeal judgment in The
“Wadi Sudr”.
Somali pirates: coverage issues and public policy concerns
Piracy afflicting the Gulf of Aden has reached
epidemic proportions. Emma Rice discusses how the Commercial Court’s
decision in The “Bunga Melati
Dua” provides welcome reassurances to the shipping
industry and marine insurance market in the face of this
crisis.
"Achilleas" revisited: damages for loss of sub charter
When time charterers lose a sub
fixture because of a head owner's breach of charter, can
damages for loss of profits be recovered in the light of the House
of Lords 2008 ruling? Mike Burns
sees the Commercial Court take stock of the law of contractual
damages in The
"Sylvia".
Port or berth charter - Who pays for delay?
When there is congestion at a load port,
who is responsible for delay as between owners and charterers?
Terry Donaghy reviews the recent decision in
The “Merida” on this
issue.