Lloyd's Maritime Law Newsletter
Laemthong International Lines Co Ltd as the owners of the ship “Laemthong Pride” as the surrogate for the vessel “Nyanza” v BPS Shipping Ltd - Supreme Court of the Northern Territory (Angel, Mildren and Thomas JJ) - 3 November 1995
Vessel ordered to be re-arrested under Section 21 of Admiralty Act 1988 - Whether order made erroneously - Whether re-arrest should have been subject to condition that applicant provide security for costs
BPS Shipping Ltd (“BPS”) brought proceedings
in rem
against Laemthong International Lines Pte Ltd (“Laemthong Singapore”) as owners of the vessel
Laemthong Pride
as the surrogate for the vessel
Nyanza
. BPS alleged that Laemthong Singapore was the registered owner of the
Laemthong Pride
and at the relevant time was also the voyage charterer of the
Nyanza
, which was on charter from BPS.