PT BUANA SAMUDRA PRATAMA v MARINE MUTUAL INSURANCE ASSOCIATION (NZ) LTD (THE “BUANA DUA”)

[2012] Lloyd's Rep. IR 52

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Teare

Insurance (marine) — Institute Time Clauses Hulls — Warranty against use of vessel for towage services — Vessel running aground en route to participate in towage — Whether breach of warranty — Whether held covered clause could be relied upon — Effect of follow leader clause — Fraudulent means and devices.