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Fraser Shipping Ltd. -v- Colton and Others

11th Oct 1996

[1997] 1 Lloyd’s Rep. 586

Alistair Schaff – Insurance (Marine) – Actual total loss – Non-disclosure – Vessel’s destination changed from Shanghai to Huang Pu – Typhoon Koryn threatening area – Vessel proceeded away from Huang Pu and stranded on Wuzhu Zhou – Whether vessel an actual total loss – Whether defendants estopped from asserting vessel could have been salved – Whether change of voyage endorsement vitiated for non-disclosure – Whether defendants discharged from liability by change of voyage – Whether defendant entered into binding agreement to settle plaintiffs’ claim

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