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04 Apr 2024

Commodities in Focus Weekly - Cargo claims: how to mitigate your losses

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In AMS Ameropa Marketing Sales AG & Anor v Ocean Unity Navigation Inc [2023] EWHC 3264, a case relating to damage to a cargo of yellow soybeans, the High Court of England and Wales (the "Court"), held that the Claimants’ mitigation efforts in concluding a salvage sale were reasonable, emphasising the high evidential threshold that needs to be met to show that a claimant was unreasonable in mitigating its losses.

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