Lloyd's Maritime Law Newsletter
Versloot Dredging BV and Another v HDI Gerling Industrie Versicherung AG and Others (The “DC Merwestone”) – Court of Appeal (Christopher Clarke and Vos LJJ and Sir Timothy Lloyd) [2014] EWCA Civ 1349 – 16 October 2014
Marine insurance – Time policy – Vessel suffering ingress of seawater in bowthruster room causing damage to engine – Whether insured forfeited claim by employment of fraudulent devices
The
defendant underwriters were the hull and machinery insurers of the vessel
DC
Merwestone
under a time policy. The policy included the Institute Time
Clauses – Hulls 1/10/83 and the Institute Additional Perils Clauses.