Lloyd's Maritime Law Newsletter
Metall Market OOO v Vitorio Shipping Co Ltd (The “Lehmann Timber”) – Court of Appeal (Arden and Patten LJJ and Sir Bernard Rix) [2013] EWCA Civ 650 – 7 June 2013
General average – Lien – Owners exercising lien over cargo for general average contribution – Owners accepting insurers’ guarantee in respect of one portion of cargo – Cargo receivers refusing to provide general average bond – Whether owners’ acceptance of insurers’ guarantee had effect to discharge lien – Whether owners entitled to recover costs of storing liened cargo
Following
the capture of the vessel
Lehmann Timber by
Somali pirates and subsequent breakdown of the main engine after the vessel was
released on payment of a ransom, the owners declared general average and appointed
average adjusters, who attempted to collect general average security from cargo
interests.