UK: The Thorco Lineage: Limitation Under The Hague-Visby Rules Where There Is Physical Damage And Economic Loss - Quadrant Chambers

UK: The Thorco Lineage: Limitation Under The Hague-Visby Rules Where There Is Physical Damage And Economic Loss - Quadrant Chambers

Mondaq

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Part of a cargo suffers some minor physical damage. But, an economic loss is suffered in respect of the whole of the cargo – perhaps a diminution in market value due to delay, a liability to pay salvors, or transhipment costs.

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