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HOME > Practice > Maritime and Marine Insurance Law |
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Collisions and Marine Casualty
We are currently acting for shipowners and underwriters in two major collision cases, M/V “C.UTOPIA” v. M/D “KHANAK” (2009), T.Y.EVER v. LOFTY HOPE (2010), arising out of collisions in Bangladesh and Japan. Last year we successfully settled another collision case, M/V MORNING GLORY v. M/D TONG LI (2005), arising out of an incident in China and counseled various clients in relation to several other major incidents. We previously acted for vessel owners and underwriters in numerous other collision cases, including F/V “SHIN-AN” v. M/V “RUBIN BONANZA” (2002), M/V “HEIFENG” v. M/V “MARINE PEACE” (2002), M/V “CHANGYI” v. M/V “UNION GAS” (2003), M/V “GLOBAL 21” v. F/V “YONGMIN” (2001), M/V “ASIA CONCERTO” v. M/V “PINE PIA” (2005), and the allision of M/V “YOUNG STAR” with the gentry crane at the Kwangyang port (2002).
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Charter-Party Disputes
We act on behalf of shipowners and charterers in a variety of disputes arising under time charters, voyage charters and other contracts of affreightment. We have recently dealt with major cases involving M/V “GO PATORO,” M/V “EQUINOX SEAS,” M/V “SUN NEW,” M/V “AZZURA”, and others.
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Cargo Claims Defence and Cargo Claim Defense
Suh & Co regularly acts for carriers and cargo underwriters in relation to major cargo claims arising during ocean carriage and/or multimodal transport. Recently, we defended several claims involving shipments on M/V “CMA CCM La Boussole,” M/V “OCEAN MERMAID”, and M/V “PUGWASH SENATOR.” We also brought claims on behalf of cargo interests in relation to wet damage on M/V “HANJIN TACOMA,” a container overboard accident involving M/V “EASTLINE TIANJIN” and the stranding of M/V “HUAL EUROPE.” Several other matters are currently pending, including some major claims resulting from fire damage sustained by containerized cargo.
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| Oil Pollution Claims
We currently advise and act for the Ministry of Land, Transportation and Maritime Affairs in relation to oil pollution claims arising from the Taean Oil Spill involving M/T “HEBEI SPIRIT".
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We act in a variety of marine insurance law cases including major casualty matters arising under hull and machinery policies, cargo insurance, and FD&D cover. We have successfully defended insurance companies under hull and machinery policies involving F/V “DONGYOUNG 510” (2001), F/V “MANSUNG 77” (2000), F/V “ELISA” (2001), M/V “WIDE SEA 28” (2000), and M/V “NO.1 ASIA” (2002) as well as in a number of cases indicated in the Maritime Law section of our website. We have also successfully defended cargo underwriters against major insurance claims involving M/V “HUAL EUROPE” and M/V “DONG JIN PHOENIX.”
We regularly advise underwriters, shipyards, and buyers in relation to refund guarantees issued by Korean insurers in respect of advanced payments for newbuildings.
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We regularly offer legal advice relating to Bankers’ Policies, Directors’ and Officers’ Liability Policies, aviation insurance and reinsurance, and a variety of other matters.
In recent years, we have represented a number of insurers and reinsurers in disputes arising under facultative and treaty reinsurance policies and are currently acting in a number of reinsurance arbitrations.
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