According to AP, a Paris court rejected a compensation claim in relation to the MS Estonia ferry that sank in 1994, and remains one of the deadliest maritime disasters in Europe. The court sought 40.8 million euros from Bureau Veritas, that deemed the ship seaworthy and the German shipbuilder Meyer-Werft.
The UK Supreme Court decision in the Renos case provides useful guidance for both shipowners and insurers concerning the cost in deciding whether a vessel is a constructive total loss under its hull and machinery policy.
A former UBS banker in China has been sentenced to nine years in jail by a Shanghai court, on the grounds of disclosing inside information regarding an acquisition deal in 2017. Documents show that the UBS banker shared information with two associates about a Chinese shipping firm’s acquisition of a Hong Kong company. Though it did not name the companies, Chinese media and the Wall Street Journal noted that it was Cosco Shipping’s $6.3 billion acquisition of Orient Overseas Container Line.
Steamship Mutual referred to Glencore Energy UK Ltd v Freeport Holdings Ltd, “The Lady M”, court case, according to which the Court of Appeal instantly decided that a shipowner can rely on the fire defence in the Hague-Visby Rules even if the fire was started deliberately by a ship’s officer.
As Steamship Mutual informs, during a recent London Arbitration 7/19, the Tribunal considered whether the parties were entitled to exclude by contract the right to make deductions by way of equitable set-off. Owners were successful and an award for sums deducted from hire was awarded to them.
The UK P&I Club explores the new rules on disclosure recently introduced in the English Commercial Court, analyzing the rules’ impact on cargo claims, especially ahead of the recent Supreme Court decision in Volcafe Ltd & Others v. Compania Sud Americana De Vapores SA  UKSC 61.
In Eleni Shipping Limited v Transgrain Shipping BV (The Eleni P), Steamship Mutual informs that the Commercial Court considered an appeal under section 69 of the Arbitration Act 1996 by Owners of an award in which the Tribunal rejected Owners’ claim for hire to be paid by Charterers during the period for which the vessel was detained by pirates in the Arabian Sea.
As Steamship Mutual informs, according to a recent reported arbitration, a Tribunal considered a good weather description which referred to both Douglas sea state and significant wave height in a charterparty performance warranty. The parties agreed that it was difficult to reconcile ‘significant wave height’ and ‘douglas sea state’. However, they disagreed on how the two phrases could be read together.
As the North P&I Club informs, the UK Admiralty Court has recently rejected a shipowner’s claim for general average. It specifically concluded that the ship was unseaworthy because of an error in the passage plan. North Club noted that this case has showcased how important a proper berth-to-berth passage planning is, saying that it ‘is much more than just putting courses on a chart or ECDIS.’
A US Federal judge threatened that she might block Carnival Corporation from docking cruise ships at ports in the US as punishment for a possible probation violation. The cruise company has been on five years probation, from April 2017, as part of a $40m settlement for dumping oil into the ocean illegally from its Princess Cruises ships and subsequently lying about the scheme, according to court filings.
Lack of warning signs results to electrician's fatality13/11/2019
Deep sea mining may be the future of electric cars13/11/2019
Nigeria to mainstream maritime economic strategy13/11/2019
Nautilus welcomes UK decision to reduce risk levels at Strait of Hormuz13/11/2019
Finland to reform legislation on delivery of waste from ships to ports13/11/2019
National maritime transport policy key to development, says NIMASA head13/11/2019
Port of San Diego to purchase alternative fuel vehicles13/11/2019
- Cyber Security
The threat of GPS cyber attacks to marine and offshore industries13/11/2019
- Loss Prevention
VHF radio communication crucial to avoid marine accidents13/11/2019
Guide provides steps to be taken to ensure fuel stability onboard13/11/2019