Lloyd's Maritime Law Newsletter
The M Vatan - Q.B.D. (Adm.Ct.) (Sheen J.) - January 1990
Salvage - Whether salvors’ failure to recover salvage remuneration from cargo owners justifies arbitrator making a higher award against shipowner
The vessel
M Vatan
an ultra large crude oil carrier of 392,590 tonnes, was struck by an Exocet missile in the Gulf on 9 July 1985. At the time,
she was almost fully laden with crude oil, which was the property of the National Iranian Oil Company (“N.I.O.C.”).