Garnat Trading & Shipping (Singapore) Pte Ltd and Anr v Baominh Insurance Corporation - Court of Appeal (Mummery, Longmore and Aikens LJJ) - 6 July 2011

(2011) 830 LMLN 2

Marine insurance - Voyage policy on floating dock - Damage suffered in tropical storm - Whether assured failed to disclose material facts - Whether dock unseaworthy

Garnat (“the owners”) agreed to purchase a floating dock and workshop from a Hong Kong company for use in Vietnam. The dock was lying at Vladivostok and the owners were to arrange for the necessary alterations to the Dock to make it ready for the voyage from Vladivostok to Vietnam, oversee the implementation of a Towage Plan and then sell the Dock and the Workshop to a Vietnamese company in a seaworthy state ready for towing to Vietnam.