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Lloyd's Maritime Law Newsletter

Owners of the vessel Jeil Crystal v Owners of the cargo lately laden onboard Jeil Crystal - [2022] SGCA 66, Singapore Court of Appeal (Judith Prakash JCA, Tay Yong Kwang JCA and Steven Chong JCA) - 17 October 2022

Admiralty - Ship arrest - Ship arrested based on non-existent claim - Claim amended - Nature of warrant of arrest - Effect of amendment to statement of claim on warrant of arrest issued prior to amendment - Status of warrant of arrest following amendment to statement of claim - Importance of supporting affidavit

In May 2020 Banque Cantonale de Geneve (BCG), Swiss bank in the business of trade financing, financed a transaction for the purchase of 2,000 mt of lube base oil by its customer GP Global APAC Pte Ltd (GP Global). In turn GP Global chartered the vessel Jeil Crystal from Jeil International Co Ltd (JIL) to carry the cargo. A set of original bills of lading (the "Original BLs") was issued, naming BCG as the consignee.

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