Lloyd's Maritime Law Newsletter

Arbitration – Practice – Costs

General average – Vessel held to ransom by pirates in Gulf of Aden – Shipowners seeking to recover ransom payment from bill of lading holders – Whether charterparty provision for charterers to pay war risk and ransom insurance premiums incorporated into bills of lading – Whether shipowners precluded from recovering contribution from bill of lading holders

Charterparty – Poorly maintained vessel on redelivery – Burden of proof – Repairs to vessel – Wear and tear not affecting Class – Additional claim not pleaded – Failing to exercise right of set off – Starting date for contractual interest