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Cargo Loss Due to Perils of the Sea by MAC is a document available to read on EtoBox.
Philippine American General Insurance Co. vs. MGG Marine Services Inc involved a cargo of beer bottles that was insured and loaded onto a vessel named M/V Peatheray Patrick-G to be transported. During the voyage, the vessel listed and sank off Cawit Point, resulting in the loss of the cargo. An investigation found that strong winds and enormous waves, a fortuitous event that could not have been foreseen, caused the sinking. The court ruled that the loss of cargo was due to a peril of the sea, as the sinking
- Author
- MAC
- Language
- EN