i-law.com - Newsletter (Lloyd's Maritime Law Newsletter)

Kronos Worldwide Ltd v Sempra Oil Trading SARL (The "Spear 1") - QBD (Com Ct)(HH Judge Chambers QC sitting as a judge of the QBD) - 4 March 2003

The defendant buyers entered into a contract with the claimant sellers for the supply of oil. The contract, which was contained in a telex dated 23 April 2001, was for the sellers to supply fob Constantza a maximum of 14 cargoes of oil each of..

Online Published Date: 03 April 2003

Appeared in issue: 610 - 03 April 2003

Den norske Bank ASA v Acemex Management Company Ltd (The "Tropical Reefer") - QBD (Com Ct)(Nigel Teare QC sitting as a judge of the QBD) - 26 February 2003

The claimant bank sought judgment against the defendants pursuant to a Guarantee and Indemnity ("the Guarantee") signed by the defendants. The claimants had loaned US$6 million to three borrowers for the purchase of three vessels, one of which was..

Online Published Date: 03 April 2003

Appeared in issue: 610 - 03 April 2003

Kastor Navigation and Ors v AGF MAT And Ors (The "Kastor Too")(No 2) - QBD (Com Ct)(Tomlinson J) - 17 March 2003

On 1 November 2000 the claimant shipowners brought proceedings against the defendant underwriters claiming an indemnity in respect of the actual total loss of their vessel Kastor Too allegedly caused by fire. The allegation was that the fire caused..

Online Published Date: 03 April 2003

Appeared in issue: 610 - 03 April 2003

Wajilam Exports (Singapore) Pte Ltd v Transpacific Eternity SA (The "Gallant II") - High Court (Durban and Coast Local Div)(Pillay MS) - 31 January 2003

The vessel Antares III was charted on the NYPE form. Clause 36 of the charter provided: "Liability for cargo claims, as between owners and charterers shall be apportioned as specified by the Inter Club New York Produce Exchange Agreement 1996 and..

Online Published Date: 03 April 2003

Appeared in issue: 610 - 03 April 2003

Wave Maker Shipping Co Ltd and Ors v Hawkspere Shipping Co Ltd (The "Nobility") - US Court of Appeals (4th Circuit)(Niemeyer, Williams and Michael Ct JJ) - 23 January 2003 (Unpublished)

Clipper Bulk Shipping Ltd ("Clipper") sub-chartered its vessel Nobility to Hawkspere Shipping Co Ltd ("Hawkspere") for one voyage from the Baltic Sea to the Eastern United States. The charterparty provided that Hawkspere on delivery, and Clipper on..

Online Published Date: 03 April 2003

Appeared in issue: 610 - 03 April 2003