News & Insights (International Trade and Commodities)

08-Feb-2011  |  Financial Institutions & Services, Logistics & Transport

Builders' risks - Co-insurance and waiver of liability

BMT Marine & Offshore Survey Ltd v Lloyd Werft Bremerhaven GmbH [2011]Commercial Court, 24 January 2011 Where a Claimant ...

02-Feb-2011  |  Financial Institutions & Services

Supreme Court rules on inherent vice; Loss of jack-up rig under tow

Global Process Systems Inc & Anor v. Syarikat Takaful Malaysia Berhad [2011] Supreme Court, 1 February 2011 As Lord ...

27-Jan-2011  |  Financial Institutions & Services, Logistics & Transport

Court of Appeal rules in Somali piracy case

Background Under the provisions of the Marine Insurance Act 1906, a total loss of the insured subject matter may be actual or ...