TRAFIGURA PTE LTD v TKK SHIPPING PTE LTD (THE “THORCO LINEAGE”)

[2023] Lloyd's Rep. Plus 76

KING’S BENCH DIVISION (COMMERCIAL COURT)

Before Sir Nigel Teare , Sitting as a Judge of the High Court

Limitation of liability – Package limitation – Cargo owner incurring salvage charges and on-shipment costs following casualty – Carrier’s right to limit liability for claims for economic loss – Delay – Determination of a preliminary point of law – Arbitration Act 1996, section 45 – Hague-Visby Rules, article IV, rule 5(a).