Boat Owners Hit Insurers With £6M Suit Over Corn Cargo

Law360, London (May 21, 2020, 6:28 PM BST) -- The owners of a Greek cargo vessel are claiming $6.2 million from 10 insurers and a shipping company to cover costs that occurred when the boat ran aground off the coast of Brazil in 2017 while carrying 39,000 metric tonnes of corn.

PMAX Queen Shipping Ltd. claimed in court documents that were recently made public that Brazilian food supplier Olam Agricola LTDA and its insurers should stump up repair and salvage costs for the vessel after it became stranded off Paranagua.

PMAX Queen owned the vessel, which was traveling in August 2017 to a final destination of Iran when it ran aground,...

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!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!