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Oceanus Capital SARL v Lloyd’s Insurance Company SA — [2026] Bus LR 1320
Summary by iclr.co.uk
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Oceanus Capital SARL v Lloyd’s Insurance Company SA — [2026] Bus LR 1320
INSURANCE — Marine — War risk — Owner’s war risks policy subject to warranty prohibiting vessel entering Ukrainian territorial waters without additional war risks cover — Separate mortgagee’s interest policy covering mortgagee for loss of or damage to vessel if non-payment under owner’s policy due to breach of warranty — Mortgagee consenting to vessel sailing to Ukraine after being provided with copy of cover note claiming to evidence additional…
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