Atlasnavios - Navegacao, LDA v Navigators Insurance Company Ltd & Ors [2016]
Atlasnavios - Navegacao, LDA v Navigators Insurance Company Ltd & Ors [2016] EWCA Civ 808- 01 August 2016 (Laws LJ, Clarke LJ, Sir Timothy Lloyd)
“A vessel detained and later confiscated in Venezuela allegedly due to drugs strapped to its hull was not considered a constructive total loss under its war risks cover since a proximate cause of the loss, the detention of the vessel, was subject to the infringement of a customs regulation exclusion clause of the policy.“
Vasilis Bikakis
E. G. Arghyrakis & Co.
17th August 2016