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Lloyd's Maritime Law Newsletter

Argoglobal Underwriting Asia Pacific Pte Ltd and Others v Oversea-Chinese Banking Corporation Ltd [2026] SGCA 14 - Singapore Court of Appeal (Sundaresh Menon CJ, Steven Chong and Hri Kumar Nair JJCA) - 19 March 2026
Insurance - Marine - Vessel capsizing - Constructive total loss - Perils of the sea - Breach of the duty of fair presentation - Seaworthiness - Breach of warranty - Insurable interest
Online Published Date:  10 April 2026
Appeared in issue:  1209 - 10 April 2026
London Arbitration 8/26
Voyage charter - Gencon 1994 form - Loading ammonium nitrate in Sea of Azov - Russian authorities refusing permission to proceed into Kerch Strait - Charterers ordering the vessel to return to load port for discharge - Owners claiming damages for detention and additional expenses - War Risks ("Voywar 1993") clause - Whether charterers in breach by loading a dangerous cargo, nominating an unsafe port, failing to prepare cargo documentation required to enable the vessel to pass the Strait, failing to take action to obtain permission, and failing promptly to nominate an alternative safe port - Whether the authorities' action was arbitrary and unforeseeable and frustrated the charter.
Online Published Date:  24 April 2026
Appeared in issue:  1210 - 24 April 2026

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