AS FORTUNA OPCO BV AND ANOTHER v SEA CONSORTIUM PTE LTD AND OTHERS

[2021] Lloyd's Rep. Plus 48

HIGH COURT OF SINGAPORE

Before Justice Pang Khang Chau

Admiralty – Limitation of liability – Tonnage limitation – Limitation fund constituted by letter of undertaking – Interest rate in respect of the period after the constitution of the limitation fund – Allocation of costs – Merchant Shipping Act (Cap 179, 1996 Rev Ed), section 136 – Convention on Limitation of Liability for Maritime Claims, 1976.