This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
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)  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
If you are already a subscriber, please enter your details below to log in.