The much-awaited decision in the Ocean Victory has just been made available. We will report further once we have time to digest the 60-page judgment by Lord Clarke but, at first glance, it appears that the Appellants lost their appeal both on the unsafe port and recoverability issues. The decision is good news for the port of Kashima and for China National Chartering and Daiichi Chuo. They have successfully avoided the prospect of paying a US$160M claim which now remains with the insurers of the vessel. The legal costs are expected to run to millions of dollars and will largely fall on the unsuccessful appellants.
BDM supports launch of third edition of Shipping and the Environment
We were delighted to support Colin, Charles and Jonathan at the launch of the third edition of this weighty tome. Environmental regulation is one of the main challenges faced by shipping and all those engaged in the shipping industry. This book is not just about oil spills. [...]
Read more >