Introduction
The Grand Amanda is the most detailed judicial discussion on the scope of the Implied Indemnity since the Court of Appeal decision in The Island Archon some thirty odd years ago. That, in and of itself, makes this case important for shipping lawyers, owners, charterers and their P&I underwriters. However, there is more.
The Grand Amanda award also caused the International Group of P&I Clubs to amend the Inter Club Agreement; the ICA 2025 having come into force on 14 July 2025 as a direct result.
It is also a matter in which the tribunal in the underlying arbitration considered how cargo claims arising solely out of the “act” of loading a cargo affected by inherent vice will fall to be apportioned under paragraph 8(d) of the ICA. It thus goes a step further than The Yangtze Xing Hua, which involved both the act of loading a cargo affected by inherent vice and an order to wait off the Iranian discharge port.
In short, the case has a lot to unpack.
The YMP is delighted to announce that both legal teams involved in this significant decision have agreed to make a joint presentation on it to the YMP. The tentative programme is as follows:-
The background facts and litigation journey – Nick Wilson of MFB and Darryl Kennard of Penningtons Manches Cooper
The takeaways for those adjusting inherent vice claims under the ICA – Stewart Buckingham KC of Quadrant Chambers
The scope of the Implied Indemnity and its significance for future claims – Alex Wright KC of 4 Pump Court
The market perspective – TBA
Date: Wednesday 15th October 2025
Time: 9.00am – 10.15am
THIS VIRTUAL EVENT WILL BE BROADCAST BY
PENNINGTONS MANCHES COOPER
| This event is open to all. |
