“OCEAN VICTORY” – Gard loses landmark safe port claim against Charterers

The case of the “Ocean Victory” has courted much publicity and interest over recent years and the Supreme Court in the UK has just handed a victory to the Charterers. The decision is not all good news for Charterers because the Supreme Court has upheld the previously assumed position, established in the “CMA Djakarta” that where a charterer is liable, they cannot limit their liability to the owner for the loss of the vessel.

Download the full bulletin for full information E-Bulletin May 2017 – The Ocean Victory