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Allianz subsidiary avoids liability over ship grounded off China (Alize 1954 v Allianz Elementar Versicherungs AG)

Published on: 11 March 2019
Published by: Law360
  • Allianz subsidiary avoids liability over ship grounded off China (Alize 1954 v Allianz Elementar Versicherungs AG)
  • What did the court find?

Article summary

Law360: On 8 March 2019, the Admiralty Court ruled that the Austrian subsidiary of Allianz SE will not have to pay out for the costs of salvaging a container ship that was grounded off the Chinese coast in 2011, on the basis that the vessel was unseaworthy. or take a trial to read the full analysis.

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