Shipper Sues Insurer For $1.6M Over Stranded Vessel

Law360, London (August 1, 2019, 12:38 PM BST) -- A Dubai shipowner has sued one of India's largest insurers in London for $1.6 million to recoup the money it spent hauling the vessel to India during foul weather six years ago.

Vessel owner Riverstone Services Ltd. and Jampur International FZA — manager of the tug that was hauling the ship — have claimed in a High Court filing that the New India Assurance Company Ltd. is liable to reimburse them under a hull insurance policy for an episode on the high seas off the coast of South Africa in June 2013.

Jampur's boat was hauling Riverstone's vessel, the ITB Groton, from Nigeria...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections

Law Firms