9th June 2025: It was 09.50 hours. Wan Hai 503, a Singapore flagged container vessel and managed directly by Wan Hai Shipping Lines, while sailing off the coast of Kerala, experienced container explosion on board, resulting in a massive fire. The vessel had sailed from Colombo and was bound for Nhava Sheva (JNPT). The fire […]
Usually, in case of disputed claims, legal recourse is sought for interpreting a policy condition or point of law, on which hinges the admissibility or otherwise of the claim. This case before the State Consumer Disputes Redressal Commission, Ahmedabad is peculiar in that, more than the technical point or policy wording, other factors
When a marine cargo policy had been assigned in favor of the buyer, can the original insured approach a Consumer Court to seek relief for non-payment of a claim? This was the fundamental issue decided upon, by the Supreme Court in June 2016, the case being – United India Insurance Co. Ltd vs Leisure Wear
Valuation of used machinery for the purpose of transit insurance always presents a challenge. It gets compounded in case of a claim.
Is Exclusion 4.3 under ICC-2009 really tilted in favor of the assured? No.
Will an All-Risks cargo policy pay for fraud by the buyer?
What sort of title is this, the reader must be wondering. Could not come out with a better one and hence stuck to these three aspects that formed the crux of this very interesting case. Does this relate to cargo insurance? Of course, it does. The case in question is CITGO Petroleum Corporation vs Starstone
Are losses happening in bonded warehouses covered under cargo policies?
Marine market provides a package policy covering pre-launch to launch of a spacecraft/launch vehicle
A must-have technical guide for marine practitioners & marine cargo buyers as well
