Lloyd's Maritime Law Newsletter
Korea Shipping Corporation v Lord Energy SA (The “MV Dangjin”) – Federal Ct of Australia (Full Ct) (Allsop CJ, Besanko and McKerracher JJ) [2018] FCAFC 201 – 15 November 2018
Admiralty jurisdiction – Whether plaintiff was owner of arrested vessel at time proceedings commenced – Effect of trust arrangements made under Korean law – Admiralty Act 1988 (Cth), section 19
On26 October 2018 Lord Energy SA, commenced an action in rem against the ship
MV Dangjin claiming a general maritime
claim for over US$7.5 million against Korea Shipping Corporation (KSC) as the
relevant person.