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Capture of a vessel by pirates not an actual total loss - no irretrievable deprivation as a result of ransom payment
- Hogan Lovells
- -
- United Kingdom
- -
- April 21 2011
The insured cargo owner served a notice of abandonment on its insurers following capture by Somali pirates of a vessel carrying its cargo
Exclusions in respect of 'inherent vice' in the insured subject matter
- Hogan Lovells
- -
- United Kingdom
- -
- April 21 2011
Insurers covered the carriage of an oil rig by sea
Coinsurance, contribution and waiver of liability
- Hogan Lovells
- -
- United Kingdom
- -
- April 21 2011
A vessel underwent conversion work at a shipyard under a conversion contract between the vessel owners and the shipyard owners
Ship arrest outside ordinary judicial process - not excluded from cover
- Hogan Lovells
- -
- United Kingdom
- -
- April 21 2011
A ship was arrested in Egypt
