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RESEARCH and BRIEFINGS

The ‘B Atlantic’ Judgment and the Implications for Shipowners

 


The outcome of a recent English Court case has given rise to concerns from shipowners on the validity of insurance claims.

The case, which involved the B Atlantic vessel, invalidated a war insurance claim after the vessel was confiscated by Venezuelan authorities, following the discovery of drugs fixed to the hull of the vessel.

This adviser examines the implication for clients, who are concerned they may find themselves in a similar situation, through no fault of their own, and provides information on what they should now be re-evaluating in their insurance policies.