Shipping and Commodities Brief

Welcome to the latest edition of Shipping and Commodities Brief.

In this edition, we consider some of the implications for marine insurers of the Third Parties (Rights against Insurers) Act 2010, which finally came into force on 1 August 2016. We also review recent shipping and marine insurance law decisions of interest to the market. 

This year has seen two landmark Supreme Court decisions:
• Versloot Dredging abolished insurers’ remedy of forfeiture where an insured gilds the lily to improve the speed of claims settlement.
• Res Cogitans exposes shipowners to the risk of double jeopardy on bunker supplier insolvency.

As always, we hope you enjoy reading this edition and welcome your feedback.

In this issue