UCO Bank v Golden Orient Maritime Pte Ltd

[1] The plaintiff UCO Bank (“UCO”) claimed damages in this action, as a holder of bills of lading, against the defendant Golden Orient Maritime Pte Ltd (“Golden Orient”) who was the owner of the vessel “ASEAN SUCCESS”.

[2] Golden Orient then applied for a stay of this action on two grounds:

The application was heard by an Assistant Registrar who granted a stay o the basis that clause 17 was an exclusive jurisdiction provision but made no decision on the second ground.

[3] UCO then appealed to a judge-in-chambers. Its arguments were that clause 17 was not an exclusive jurisdiction provision and, even if it was, there was strong cause why UCO should not be held to such a provision on the particular facts of the case. In turn, Golden Orient filed an appeal to a judge-in-chambers on the basis that the Assistant Registrar should also have ruled on the second ground in its favour but, in my view, such an appeal was unnecessary since Golden Orient was the successful party below and it could still rely on the second ground in its argument against UCO’s appeal.

[4] After hearing submissions, I allowed UCO’s appeal. I was of the view that clause 17 was an exclusive jurisdiction clause but nevertheless, the stay should be refused. I made no order on Golden Orient’s appeal. Golden Orient has since appealed to the Court of Appeal.

[5] I should add that there is similar claim in Suit 1582/2001 by UCO against Golden Shore Transportation Pte Ltd as the owner of another vessel “ASEAN PIONEER” on similar facts. The outcome of the appeal before me in the present action followed the outcome of the appeal in Suit 1582/2001.

[6] My reasons for allowing UCO’s appeal in the present action were the same as those stated in my Grounds of Decision for Suit 1582/2001.

Plaintiff’s appeal allowed.