Star Axe I LLC v Royal and Sun Alliance Luxembourg SA - Belgian Branch & Ors [2023] EWHC 2784 – 10 November 2023 (Butcher J)

The Claimant carrier issued 7 ‘Congenbill 1994’ B/Ls in 2021. GA was declared on the voyage and the Defendant cargo insurers issued Average Guarantees. The carrier sought a declaratory judgment that the B/Ls provision that GA “….shall be adjusted….according to the York-Antwerp Rules 1994 or any subsequent modification thereof…” applied the 1994 YAR to the exclusion of the 2004 and 2016 versions, as these were each more than “modification”. The Court ruled that both were properly considered “modifications” and that here the 2016 YAR applied.

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Litasco SA v Der Mond Oil and Gas Africa SA & Anor (Rev1) [2023] EWHC 2866 - 15 November 2023 (Foxton J)

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London Arbitration 15/23