Lloyd's Shipping & Trade Law
Time charterparty
Owneast Shipping Ltd v Qatar Navigation QSC (’The Qatar Star’) [2010] EWHC 1663 (Comm)
Edward Yang Liu
Time Charterparty - Charterers failed to pay hire on time - Whether recklessness of charterers amounted to intention not to pay the hire - Interpretation of anti-technicality clause
The facts
On 7 February 2005, Owneast Shipping Ltd as owners (‘the owners’), time chartered the vessel MV
Qatar Star to Qatar Navigation QSC as charterers (‘the charterers’) on an amended NYPE form for a period of 48 month more or less two
months at charterers’ option.