UNITED OVERSEAS BANK LTD v OWNER AND/OR DEMISE CHARTERER OF THE VESSEL “MAERSK KATALIN”

[2025] Lloyd's Rep. Plus 97

HIGH COURT OF THE REPUBLIC OF SINGAPORE

Before Justice S Mohan

Contracts (bills of lading) – Misdelivery – Delivery of cargo without presentation of bills of lading – Bank as lawful holder of bill of lading – Letters of indemnity replacing bills of lading in payment terms of letters of credit – Whether bill of lading holder would have consented to delivery – Ratification – Waiver – Damages – Causation – Quantum – Carriage of Goods by Sea Act 1992, sections 2 and 5.