Shipper Can't Dodge Biofuel Contamination Suit, Oil Cos. Say
Law360, London (April 26, 2019, 8:07 PM BST) -- A Lukoil unit and a group of insurers and other companies suing a Danish shipping company to recoup the costs of purifying biofuel that had been contaminated during shipment are fighting back against allegations from the shipper that they do not have sufficient evidence.
Gunvor Services, Indonesian energy company PT Cemerlang Energi Perkasa, Lukoil's international marketing and trading company Litasco SA, and 21 insurers including Allianz and Chubb European Group are suing Danish shipper Torm A/S and shipowner Vessellco 4 Pte. Ltd. for £690,750 ($893,027) in damages.
The energy companies and insurers said in a reply filed April 18 with the High Court that...
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