BAHAMAS OIL REFINING COMPANY INTERNATIONAL LTD v OWNERS OF THE CAPE BARI TANKSCHIFFAHRTS GMBH & CO KG (BAHAMAS) (THE “CAPE BARI”)

[2016] 2 Lloyd's Rep. 469

PRIVY COUNCIL

Before Lord Neuberger,Lord Mance,Lord Clarke,Lord Sumption,Lord Toulson

Limitation of liability – Contracting out – Whether shipowners entitled to contract out of statutory right of limitation – Whether parties did in fact agree to exclude owners’ right to limit liability – Convention on Limitation of Liability for Maritime Claims 1976.