OWNERS OF OR OTHER PERSONS INTERESTED IN THE CARGO LATELY LADEN ONBOARD “JEIL CRYSTAL” v OWNERS OF THE VESSEL “JEIL CRYSTAL” (THE “JEIL CRYSTAL”)

[2025] Lloyd's Rep. Plus 67

HIGH COURT OF THE REPUBLIC OF SINGAPORE

Before Justice S Mohan

Contracts (bills of lading) – Switch bills of lading – Trade finance bank returning the bills of lading to its customer to be switched – Whether bank a lawful holder – Rights of suit under the contract of carriage – Wrongful arrest – Grossly negligent conduct such as to imply malice – Bank failing to establish it had bills of lading in its possession before the arrest – Bills of Lading Act 1992.