Subscribe to RSS feedCharterers must pay for a seized ship
by
Lloyd's List Australia
—
last modified
Sep 02, 2010 11:45 AM
Capture by pirates is not an ‘average accident’ under clause 15 of the NYPE form JAMES SHIRLEY and RAVI ASWANI FROM the Gulf of Aden to the Commercial Court, piracy is in vogue.
In February, Mr Justice David Steel handed down judgment in Bunga Melati Dua, deciding that a vessel’s capture by pirates did not render cargo on board an actual or constructive total loss in the context of marine insurance.
The...
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