Waiver of contractual rights
Parbulk II A/S v Heritage Maritime Ltd SA (The ‘Mahakam’) [2011] EWHC 2917 (Comm)
Edward Yang Liu.Legal Assistant, Reed Smith Richards Butler
Time charter – Whether right of termination waived by demand for future hire payment
The facts
This was an appeal to Eder J by charterers of an arbitration award made by London maritime arbitrators concerning the issue as to whether the shipowner was entitled to terminate a bareboat charterparty.
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