At A&A Multiprime, we are proud to share a success story that sets a new precedent in Colombian maritime law. Our legal team, representing the owners of the vessel TENNA KOSAN and their P&I Club, West of England, obtained a favorable Supreme Court decision confirming the binding force of arbitration clauses incorporated by reference in bills of lading.
The claim amounted to USD 1.3 million plus interest, making the Court’s confirmation of enforceability especially relevant.
Why is this ruling important?
The Court reaffirmed that when a bill of lading refers to a charter party, the arbitration clauses contained in it are enforceable — even if not transcribed in the bill — provided the consignee accepts it without reservation.
This milestone
- Strengthens legal certainty in international maritime contracts
- Aligns Colombian practice with global standards
- Ensures disputes are resolved in the forum agreed by the parties
At A&A Multiprime, we combine our deep knowledge of the maritime sector and international insurance to deliver elective results to protect our clients’ interests and to generate precedents that positively impact the industry.