The first to sixth claimants were Buyers under six shipbuilding contracts with Jinse Shipbuilding Co Ltd (“the Builder”), a Korean company. The defendant Bank issued bonds to those claimants to secure obligations assumed by the..
The claimant was a passenger on the defendant’s cruise ship Oriana. On 23 November 2006, while the ship was in international waters, the claimant was walking through the Conservatory Restaurant at about 2 pm when..
The claimant shipowners chartered their vessels Jin Man and Jin Pu to Daehan Shipping Co Ltd (“the charterers”). Pursuant to the terms of the charterparties, the defendant company provided two letters guaranteeing amounts due by..
On 11 December 2007 the parties entered into a bareboat charterparty of the vessel Mahakam for 60 months at a daily rate of US$38,500. Clause 38.3 of the charterparty provided that punctual payment of hire..
The vessel Triton Lark was chartered by Pacific Basin (“the charterers”) from disponent owners Bulkhandling (“the owners”) on the NYPE form incorporating the BIMCO Standard War Risk Clause for Time Charters – CONWARTIME 1993. The..
On 8 December 2010 the court gave judgment in a collision action brought by the claimants against the defendant where the claimants’ claim far exceeded that of the defendant’s. Liability for the collision was to..
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