1997: Conference Proceedings
Articles

A Shipping Line in Liquidation: An Event Not Always Uppermost in Cargo Underwriters' Minds

Published 1997-10-11

Keywords

  • container line collapse,
  • liquidation,
  • marine underwriter,
  • marine insurance,
  • ABC Containerline Group,
  • cargo interest,
  • Institute Cargo Clauses,
  • JC93 Insolvency Extension Clause,
  • delay
  • ...More
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Abstract

Abrahamse speaks on the topic of Issues for Cargo Insurers (Business Session 6). The author draws attention to the recent collapse of the ABC Container Line, and how underwriters responded to this and dealt with liquidation under the terms of their various covers.