LORD ENERGY SA v THE SHIP “MV DANGJIN”
 Lloyd's Rep. Plus 16
FEDERAL COURT OF AUSTRALIA
Before Justice Rares
Admiralty – Vessel arrested in capacity of sister ship – Vessel held in trust as security for loan from bank – Bank the preferred beneficiary – Trustor a non-preferred beneficiary – Whether trustor the beneficial owner of ship – Korean Trust Act – Admiralty Act 1988 (Cth), sections 17, 18 and 19.