Lloyd's Maritime Law Newsletter
PT Adidaya Energy Mandiri v MS First Capital Insurance Ltd – [2022] SGHC(I) 14, Singapore International Commercial Court (Sir Jeremy Cooke, International Judge)– 31 August 2022
Insurance (marine) – Constructive total loss – Breach of warranty – Breach of claims condition – Notice of abandonment – Suing and labouring costs – Marine Insurance Act 1906, sections 62 and 78 – Insurance Act 2015, sections 10 and 11
The claimant was the owner of an unmanned single point mooring buoy (SPM) operating in the Yegatun Gas Field. It was used
in conjunction with a storage vessel,
Bratasena, which was used to remove condensate from the SPM’s compartments and to transfer it to other vessels for collection. Between
11 and 13 July 2018 there was a series of collisions between the SPM and
Bratasena. These led to an ingress of water and the risk that the SPM might sink. Temporary repairs were effected by the end of August
2018. Further repairs were carried out in December 2018.