Trafigura Beheer BV v Navigazione Montanari SpA (The "Valle di Cordoba") - Court of Appeal (Longmore, Ryder and Briggs LJJ) [2015] EWCA Civ 91 - 18 February 2015

Charterparty - In-transit loss - Vessel carrying cargo of oil from Abidjan to Lagos - Vessel seized by pirates - Pirates transferring cargo from vessel - Whether transferred cargo constituted "in-transit loss" - Whether owners strictly liable for lost cargo

The vessel Valle di Cordoba loaded 33,460 mt of oil at Abidjan for carriage to Lagos. On 24 December 2010 15 armed pirates took control of the vessel and transferred 5,291 mt of the oil to an unknown lightering vessel (the transferred cargo). The transferred cargo was never seen again.