The Dolphina – High Court of Singapore (Belinda Ang Saw Ean J) – 30 December 2011
Carriage of goods by sea – Title to sue – Shipowners delivering cargo without production of original bills of lading – Whether claimant bank lawful holder of bill of lading – Carriage of Goods by Sea Act 1992 – Tort – Whether shipowner liable for civil conspiracy to defraud bank
On 16 January 2008 sellers (“KOSB”) entered into a contract with buyers (“Zhongguang”) pursuant to which KOSB sold a parcel of 3,000 mt Palm Oelin to Zhongguang at a price of US$1,138.20 per mt (“the Zhongguang Contract”). Shipment was to be effected during March 2008 and before 31 March 2008. Payment was to be made by Zhongguang opening an irrevocable letter of credit seven days before shipment. The documents required for payment under the letter of credit included a full set of “clean on board Bill(s) of Lading made out to order and blank endorsed”.
Forgotten password?
if you have a subscription to lmln.com, but have forgotten your password, please fill in the box below and your log-in details will be emailed to you.Request a free trial
You can request a free trial to Lloyd's Maritime Law Newsletter. This includes your personal copy of the latest issue.Click here to request a free trial.Subscribe now
Start benefiting from our expert analysis straight away. Click here to subscribe. A subscription provides the latest hardcopy sent to you ten times a year, access to our online archive, and full access to the site.Log in
Jan 26 2012
