The insured Wanlin Logistics purchased three batches of wood successively, and entrusted Defendant carrier to transport all the wood by M.V. “RICH FOREST”, and Plaintiff insurer PICC Ningbo issued the corresponding insurance policy; and the absolute deductible of total loss was 8% of the insured amount. During the transportation process, due to bad weather, the auxiliary engine cooling pipeline was damaged, and the engine room was flooded.

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PICC Property and Casualty Company Limited, Ningbo Branch v. RICH FOREST SHIPPING CO., LTD.

  • Martin Davies,
  • Jiang Lin

摘要

The insured Wanlin Logistics purchased three batches of wood successively, and entrusted Defendant carrier to transport all the wood by M.V. “RICH FOREST”, and Plaintiff insurer PICC Ningbo issued the corresponding insurance policy; and the absolute deductible of total loss was 8% of the insured amount. During the transportation process, due to bad weather, the auxiliary engine cooling pipeline was damaged, and the engine room was flooded.