by michael | Aug 3, 2011 | Bills of Lading, Maritime
Measure of damages – time charterers confined to difference between contract and market rates. The facts The charter period was three years (thirty days, more or less, at charterers’ option) from date of delivery. After fourteen months in service along the Italian...
by michael | Aug 3, 2011 | Bills of Lading, Maritime
Frustration – Vessel trapped in Suez Canal – possible alternative route via Cape Town – Charterparty not frustrated. The facts The vessel was let to the charterers for a “trip out to India via the Black Sea”. Charterers had to pay hire at a fixed rate per month...
