Demise charter – the demise of your recovery?
Insight / Update – 11 September 2020
The recent decision in Fimbank PLC v. KCH Shipping Co. Ltd [2020] EWHC 1765 (Comm) is a stark reminder of the importance in recovery claims of making inquiries as to the existence of a demise (bareboat) charter.
As many readers will know, Owners are not generally liable for cargo damage in cases where a vessel is on bareboat charter. In those cases, the bareboat charterer will be the legally liable party and the...
https://www.allaboutshipping.co.uk/2020/09/11/demise-charter-the-demise-of-your-recovery/