Sea Master Shipping Inc v Arab Bank (Switzerland) Ltd [2018]

Commercial Court
Written By Louise Glover

Sea Master Shipping Inc v Arab Bank (Switzerland) Ltd [2018] EWHC 1902— 25 July 2018 (Popperwell J)

“In a London arbitration involving a bank to whose order the bills of lading had been consigned, shipowners sought demurrage. The Court allowed shipowners' challenge to the Tribunal's ruling that the bank received rights but not liabilities under th…

“In a London arbitration involving a bank to whose order the bills of lading had been consigned, shipowners sought demurrage. The Court allowed shipowners' challenge to the Tribunal's ruling that the bank received rights but not liabilities under the bills so that claims against it were not arbitrable. The Court did not rule on the demurrage or the extent of liabilities, referring these issues back to the Tribunal.”

George Arghyrakis
E. G. Arghyrakis & Co.
01st August 2018

Louise Glover
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