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Lloyd's Law Reports

KASTOR NAVIGATION CO. LTD. v. AGF MAT

[2004] 2 Lloyd's Rep. 119

COURT OF APPEAL

Before Lord Justice Tuckey, Lord Justice Rix and Lord Justice Neuberger

Insurance (marine) - Vessel being damaged by fire and becoming constructive total loss - Vessel sinking almost immediately afterwards from separate cause and becoming actual total loss - Whether assured could recover for constructive total loss - Consecutive losses - Notice of abandonment - Circumstances in which notice not required - Costs - Whether Judge’s costs order correct - Marine Insurance Act, 1906, ss. 62 and 77.

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