Lloyd's Shipping & Trade Law
MT "Cape Bonny" Tankschiffahrts GmbH & Co KG v Ping An Property and Casualty Insurance Co of China Ltd, Beijing Branch [2017] EWHC 3036 (Comm)
Due diligence and reasonable expenses This case concerned due diligence and reasonable expenses in the context of general average.
On 14 July 2011 the oil tanker
Cape Bonny had suffered an engine breakdown while on a laden voyage from Argentina to China. The vessel was taken under tow to Korea
for a ship-to-ship transfer of the cargo to another of the owner’s vessels, having already been rejected as a risk by ports
in Japan and China.