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Charterparty insurance provisions: Herculito Maritime Ltd and Others v Gunvor International BV and Others (The “Polar”) [2024] UKSC 2; [2024] 1 Lloyd’s Rep 85

Charterparty insurance provisions: Herculito Maritime Ltd and Others v Gunvor International BV and Others (The “Polar”) [2024] UKSC 2; [2024] 1 Lloyd’s Rep 85
Charterparty insurance provisions: Herculito Maritime Ltd and Others v Gunvor International BV and Others (The “Polar”) [2024] UKSC 2; [2024] 1 Lloyd’s Rep 85
The Supreme Court in Herculito v Gunvor agreed with Teare J and the Court of Appeal that the shipowner was entitled to claim piracy ransom paid under a general average bond, but with a radically different ratio focusing on the absence in the voyage charterparty of an “insurance code or fund”.
Maritime law, Shipping law, Marine insurance law
2577-5219
10-12
Hjalmarsson, Johanna
73a98539-9a14-4e63-bb53-5a7c365ad6e4
Hjalmarsson, Johanna
73a98539-9a14-4e63-bb53-5a7c365ad6e4

Hjalmarsson, Johanna (2024) Charterparty insurance provisions: Herculito Maritime Ltd and Others v Gunvor International BV and Others (The “Polar”) [2024] UKSC 2; [2024] 1 Lloyd’s Rep 85. Lloyd's Shipping & Trade Law, 24 (1), 10-12.

Record type: Article

Abstract

The Supreme Court in Herculito v Gunvor agreed with Teare J and the Court of Appeal that the shipowner was entitled to claim piracy ransom paid under a general average bond, but with a radically different ratio focusing on the absence in the voyage charterparty of an “insurance code or fund”.

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Lloyd's_Shipping_&_Trade_Law__Herculito_Maritime_Ltd_and_Others_v_Gunvor_International_BV_and_Others (1)
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Submitted date: 18 January 2024
e-pub ahead of print date: 16 February 2024
Published date: 16 February 2024
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Keywords: Maritime law, Shipping law, Marine insurance law

Identifiers

Local EPrints ID: 488735
URI: http://eprints.soton.ac.uk/id/eprint/488735
ISSN: 2577-5219
PURE UUID: fdef44e3-b8a9-4e1c-8fb6-86ba7ccaa24c
ORCID for Johanna Hjalmarsson: ORCID iD orcid.org/0000-0002-7362-811X

Catalogue record

Date deposited: 05 Apr 2024 16:32
Last modified: 25 Apr 2024 01:38

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Contributors

Author: Johanna Hjalmarsson ORCID iD

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