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OCM Maritime Nile LLC and Another v Courage Shipping Co Ltd and Others [2022] EWHC 452 (Comm) (Sir Andrew Smith, sitting as a Deputy Judge of the High Court) – 4 March 2022

Online Published Date : 13 May 2022 | Appeared in issue: 1107 - 13 May 2022

Bareboat charterparty – Event of Default – Owners repossessing vessel – Whether owners were required to serve notice of default before repossessing vessel – Whether loss of charterers’ right to purchase vessel following Event of Default was a penalty – Relief from forfeiture