Disputes arose following the fire and subsequent sinking of the container vessel “X-press Pearl”. The Vessel was subject to various contractual arrangements at the time of the sinking including a bareboat and a time-charter. Time charterers had made further contractual arrangements including (i) a transport services agreement with Maersk (ii) a slot contract with BTL and (iii) a connecting carrier agreement with MSC. Time charterers had constituted a limitation fund under the 1976 Convention. Maersk, BTL and MSC sought, and the Court granted, a declaration that they too were entitled to limit liability under the Convention, as each was a ‘shipowner’ within Article 1(2) of the Convention.