The
Marine Law
Box
by Dr. Arun Kasi
What is in this Bulletin?
- Technip Saudi Arabia Limited v The Mediterranean & Gulf Insurance and Reinsurance Co. [2024] EWCA Civ 481
- WELCAR 2001 Offshore Construction Project Policy.
- Damage to offshore oil production platform caused by the negligence of owners of vessel chartered by one of the insureds.
- Claim under Section II of the WELCAR policy in respect of liabilities of one insured to another.
- Effect of the “Existing Property Endorsement” commonly incorporated in a WELCAR policy.
- Royal & Sun Alliance Insurance Plc and others v Textainer Group Holdings Limited and others [2024] EWCA Civ 547
- Rights of subrogation.
- Allocation of recoveries.
- Principle of averaging.
- Insurance arranged in layers.
- Loss exceeding amount of insurance.
- Whether recoveries from third party went to reducing uninsured loss or were to be shared proportionately between insurer and assured.
- Application of the top-down principle.
- Section 81 of the Marine Insurance Act 1906.
- Rhine Shipping DMCC v Vitol SA [2024] EWCA Civ 580
- Charterparty.
- Warranty that vessel was free of encumbrances.
- Right of charterer to indemnity in event of detention.
- Effect of internal hedging by charterer.
- Remoteness of loss.
- Oppositional risk.
- Quantification of the avoided loss.
Bulletin of
Arun Kasi & Co
International Maritime Lawyers and Arbitrators
Bulletin No. MLB 22/2024
30 Sept 2024 https://arunkasico.com
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MLB-22-2024
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Issue 7 | Sept 2024
Dr. Arun Kasi