Negotiation period expenses not allowed as general average
Mitsui & Co Ltd and Others v Beteiligungsgesellschaft LPG Tankerflotte MBH & Co KG and Another (The “Longchamp”)  2 Lloyd’s Rep 375,  EWCA Civ 708, 13 July 2016
This is a decision on the scope of expenses allowable as general average in the York-Antwerp Rules 1974. In January 2009,
the vessel known as The “Longchamp” was forcibly taken by Somali pirates, who demanded a ransom of US$6 million. The shipowner
agreed a payment of US$1.8 million and paid this in March 2009.