Vinnlustodin HF Vatryggingaffelag Islands HF v Sea Tank Shipping AS (formerly known as TANK INVEST AS) [2016]

Vinnlustodin HF Vatryggingaffelag Islands HF v Sea Tank Shipping AS (formerly known as TANK INVEST AS) [2016] EWHC 2514 - 14 October 2016 (Cooke J)

“Carriers argued that their liability in respect of a parcel of some 2000mt fish oil could be restricted pursuant to Article IV Rule 5 of the Hague Rules which provides for limitation per "package or unit". The Court held that the word "unit" refers to a physical item that is not packaged, rather than to a unit of measurement. Therefore, Hague Rules limitation does not apply to bulk cargoes.”

Antonino Cordopatri
E. G. Arghyrakis & Co.
26th October 2016