YEMGAS FZCO AND OTHERS v SUPERIOR PESCADORES SA PANAMA (THE “SUPERIOR PESCADORES”)

[2014] 1 Lloyd's Rep. 660

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr Justice MALES

Carriage of goods by sea – Limitation of liability – Package limitation – Damage to cargo – Clause paramount referring to “Hague Rules . . . 1924 as enacted in the country of shipment” – Hague-Visby Rules compulsorily applicable – Whether Hague or Hague-Visby Rules package limitation applied – Date of conversion of gold value into national currency under Hague Rules – Hague-Visby Rules, article IV, rule 5(g).