MS Amlin Marine NV v King Trader Ltd & Ors [2025] EWCA Civ 1387

Time Chartereres, Bintan Mining Corporation, were held by the Tribunal to be responsible for the grounding of the Solomon Trader and liable to Owners for approximately USD $47m. Before the award could be satisfied, Time Charterers were wound up under the Insolvency Act. The Court of Appeal upheld the “pay to be paid” provision in Amlin’s Charterers’ Marine Policy, such that it did not respond to Owners’ claim.

Read the full judgment here.