Mitsui & Co Ltd & Ors v Beteiligungsgesellschaft LPG & Ors [2016]

Mitsui & Co Ltd & Ors v Beteiligungsgesellschaft LPG & Ors [2016] EWCA Civ 708-13.07.16 (Kitchin LJ, Hamblen LJ, Sir Timothy Lloyd)

“Following ransom negotiations that lasted for 51 days between Owners and pirates, it was held that Owners could not recover crew-related expenses or bunkers as general average for that period since these expenses were not incurred as a true alterna…

“Following ransom negotiations that lasted for 51 days between Owners and pirates, it was held that Owners could not recover crew-related expenses or bunkers as general average for that period since these expenses were not incurred as a true alternative to the pirates' initial ransom demand, and therefore not within the meaning of Rule F of the York Antwerp Rules.”

Vasilis Bikakis
E. G. Arghyrakis & Co.
10th August 2016

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