Contract
Calculation of limitation under Hague-Visby Rules
In a recent judgment (The THORCO LINEAGE)1 the English High Court has considered how limitation should be calculated in respect of cargo claims under the Hague Visby Rules. Limitation under the Hague-Visby Rules Article IV r.5(a) of the Hague-Visby Rules provides as follows: “Unless the nature and value of such Read more…