Answered step by step
Verified Expert Solution
Question
1 Approved Answer
On July 22, 2022, the Free Tress, a Libra oil tanker collided with a container ship, the Ocean Breeze, in the Malacca Straits, the Free
On July 22, 2022, the Free Tress, a Libra oil tanker collided with a container ship, the Ocean Breeze, in the Malacca Straits, the Free Tress was laden with crude oil. Following the collision approximately twelve thousands of tons of oil were released from the Free Tress into the sea. Both vessels caught fire and became engulfed in flames. All of the crew on the Ocean Breeze perished, and only two crew members survived from the Free Tress. On July 23, 2022, Temco Salvage & Marine Pte. Ltd. (Temco), the plaintiff, agreed to salvage both vessels. They agreed to salve the Free Tress and its cargo on the terms of the Lloyd's Open Form 1990 (LOF 1990) which incorporates articles 13 and 14 of the International Convention on Salvage 1989 (Salvage Convention 1989) and later that same day, Temco agreed to salve the Ocean Breeze on the same terms Temco was able to extinguish the fires, offload the remaining oil, and bring the Free Tress into port. Temco's salvage claim against the owner of the Free Tress, Lance Navigation Co. (defendant) included a claim for special compensation for environmental risk, made available under the International Convention on Salvage of 1989. The claim went to arbitration, and the arbitrator found environmental expenses in excess of the salvage award and therefore awarded special compensation. An appeal arbitrator found that salvage was in excess of environmental expenses, however, and awarded no special compensation. A series of cross- appeals followed, and the case eventually came before the House of Lords.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started