We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies. Close

Herculito Maritime Ltd and Others v Gunvor International BV and Others (The “Polar”) – QBD (Comm Ct) (Sir Nigel Teare sitting as a Judge of the High Court) [2020] EWHC 3318 (Comm) – 4 December 2020

Lloyd's Maritime Law Newsletter

Herculito Maritime Ltd and Others v Gunvor International BV and Others (The “Polar”) – QBD (Comm Ct) (Sir Nigel Teare sitting as a Judge of the High Court) [2020] EWHC 3318 (Comm) – 4 December 2020

General average – Vessel kidnapped and held to ransom by pirates in Gulf of Aden – Shipowners paying ransom for release of vessel – Shipowners seeking to recover ransom payment from bill of lading holders as general average contribution – Charterparty providing for charterers to pay premiums for war risks and kidnap and ransom insurance – Whether relevant charterparty provisions incorporated into bills of lading – Whether shipowners precluded from recovering contribution from bill of lading holders

In 2010 the vessel Polar was engaged on a voyage from St Petersburg to Singapore with a cargo of 69,493.28 mt of fuel oil. Whilst transiting the Gulf of Aden the vessel was seized by Somali pirates and held for ransom. She was released following payment of a ransom of US$7,700,000. Some cargo was extracted during the period of seizure but ultimately the balance of the cargo was delivered in Singapore.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, please enter your details below to log in.

Enter your email address to log in as a user on your corporate account.
Remember me on this computer

Not yet an i-law subscriber?

Devices

Request a trial Find out more