Sveriges Angfartygs Assurans Forening (The Swedish Club) & Ors v Connect Shipping Inc & Anor [2019]

Supreme Court
Written By Louise Glover

Sveriges Angfartygs Assurans Forening (The Swedish Club) & Ors v Connect Shipping Inc & Anor [2019] UKSC 29 —12 June 2019 (Reed LJ, Hodge LJ, Lloyd-Jones LJ, Kitchin LJ and Sumption LJ)

“The Supreme Court confirmed that costs incurred both before and after notice of abandonment may be taken into account in ascertaining whether a vessel is a CTL pursuant to s.60(2)(ii) of the Marine Insurance Act 1996; SCOPIC charges however are not…

“The Supreme Court confirmed that costs incurred both before and after notice of abandonment may be taken into account in ascertaining whether a vessel is a CTL pursuant to s.60(2)(ii) of the Marine Insurance Act 1996; SCOPIC charges however are not to be taken into account as, by contrast, they are 'unconnected with the damage to the hull or its hypothetical reinstatement.'“

Jake Christophersen
E. G. Arghyrakis & Co.
26th June 2019

Louise Glover
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