Nautical Challenge Ltd v Evergreen Marine (UK) Ltd [2019]

Nautical Challenge Ltd v Evergreen Marine (UK) Ltd [2019] EWHC 163 — 29 January 2019 (Baker J)

“Last year the Court of Appeal ruled that responsibility for the collision between Alexandra I (container ship) and Eversmart (tanker) was to be apportioned 80:20. The claims totalled some USD36m. The Admiralty Court recently assessed recoverable damages at USD9.3m for Alexandra I and USD2.53 for Eversmart. The Court declined to award extended loss to Alexandra I on the basis of "impecuniosity" of her Owners (said to cause delay to repairs, causing loss of market and eventual judicial sale). The owners had failed on the facts to establish the necessary causation between collision and delay/market collapse.”

Antonino Cordopatri
E. G. Arghyrakis & Co.
20th February 2019