KASTOR NAVIGATION CO. LTD. AND ANOTHER v. AGF MAT AND OTHERS [2002] EWHC 2601 (Comm)

[2003] 1 Lloyd's Rep. 296

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr. Justice Tomlinson

Insurance (Marine) - Constructive total loss - Actual total loss - Fire discovered at purifier level in engine room - Vessel sank - Owners claimed for a CTL caused by fire and/or explosion - Whether vessel sank other than by reason of fire - Whether claim for CTL maintainable - Whether vessel an actual total loss.