KOREA SHIPPING CORPORATION v LORD ENERGY SA (THE “MV DANGJIN”)
 Lloyd's Rep. Plus 17
FEDERAL COURT OF AUSTRALIA
Before Chief Justice Allsop, Justice Besanko and Justice McKerracher
Admiralty – Title to ship transferred to trustee under trust for benefit of security holder – Ship registered in name of trustee held as security – Whether debtor beneficial owner of ship – Admiralty Act (Cth), section 19(b).