There have been allegations on one side that the vessel was unseaworthy and on the other that underwriters bribed a Filipino seafarer to give false evidence and disseminated “malicious scuttlebutt.”
The 171,000-dwt bulker Alexandros T (built 1989), part of the fleet of Overseas Marine Enterprises, was lost off South Africa on a voyage carrying Brazilian iron ore to China
But now it appears that one of the most controversial marine insurance disputes is substantially over even if there remains some potential for an epilogue
To read the latest appeal court ruling and earlier judgments click on the documents in the related media column to the right.
