The loss of a relatively modest containership has sparked a legal battle that puts some of the traditional tenets of protection and indemnity cover in the spotlight.
How can the ‘pay to be paid’ principle of P&I cover and a rule book requirement for English law and London arbitration be reconciled with Turkish law allowing direct claims on an insurer?
This is the place to read about the grounding of the 547-teu containership, Yusuf
