Shipping and maritime specialists Clyde & Co and Holman Fenwick & Willan have bagged major roles in the insurance dispute surrounding cargo ship the MSC Napoli, which looks set to be worth around $100m (£51m).

Clydes is representing more than 40 underwriters that insured the cargo, in a bid to retrieve $62m (£32m) from Metvale, the owners of the MSC Napoli, which ran aground 40 miles south of Cornwall at the beginning of the year.