NEWS AND EVENTS / NEWS / 2008 / LOST OR DAMAGED

Michael-Volikas

Lost or Damaged
Monday 06 October, 2008

Maritime Risk International - October 2008

Michael Volikas and David Richards, of Ince & Co, consider the recent UK Commercial Court judgment in The Limnos, on the meaning of the words 'goods lost or damaged' within art IV Rule 5(a) of the Hague-Visby Rules.

Article IV Rule 5(a) of the Hague-Visby Rules permits a carrier/ a ship to limit liability for 'any loss or damage to or in connection with the goods' carried to 2 SDR's per kilogram of gross weight of the 'goods lost or damaged'.

There has previously been no English Legal authority as to what precisely 'lost or damaged goods' refers. The type of uncertaintly that can be encountered when applying Hague-Visby weight limitation where only part of a cargo has been physically damaged in illustrated by The Limnos.

Risk Management in Shipping: Protecting shipping businesses in an increasingly complex and volatile world

Date: Tuesday 22 - Wednesday 23 May, 2012
Location: Dexter House, London

Ince & Co partners Kevin Cooper and Stephen Askins are leading a workshop on “Responding to and managing a Piracy incident” on Wednesday 23 May.

First BIMCO seminar on GUARDCON

Date: Wednesday 20 June, 2012
Location: London

Ince & Co partner Stephen Askins is participating in the First BIMCO seminar on GUARDCON, the much anticipated GUARDCON standard contract for the employment of security guards on vessels, on Wednesday 20 June.

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