Yangtze Navigation (Asia) Co Ltd & Anor v TPT Shipping Ltd & Ors [2024] EWHC 2371 (Comm) (18 Sept 2024)

Owners delivered cargoes without production of B/Ls against D1’s (charterers’) LOIs (in Club-recommended form, with an exclusive English jurisdiction clause). D1 became insolvent and Owners’ claims for indemnification under the LOIs were directed to D2 (B/L shippers) and Ds 3-5 (other “Exporters”). Setting aside service of the Claim, the Court ruled that D2 was not D1’s undisclosed principal, nor had D2 authorised issue of LOIs on behalf of Ds 3-5, thus there was no English Jurisdiction clause between Owners and anyone other than insolvent D1.

Previous
Previous

The Owners of the “Christos Theo” v The Owners of the “Aliki” [2024] EWHC (Admlty) (06 June 2024)

Next
Next

London Arbitration 11/24