Lloyd's Maritime Law Newsletter

Charterparty– Claim for balance of hire – Charterers counter-claiming damages for breach ofcontract and asserting off-hire claims – Owners applying for immediate paymentof amount indisputably due – Whether charterers precluded from relying on equitableset-off and off-hire claims

Charterparty– Owner ordering newbuilding and chartering out vessel for four years –Charterparty providing for vessel to be delivered to charterers at time ofdelivery to owner – Charterparty also containing provision that charterers were“obligated to take delivery” of vessel as long as owner was “obligated toaccept delivery” under building contract – Interpretation of provision

Charterparty– Owner ordering newbuilding and chartering out vessel for four years –Charterparty entitling charterers to cancel charterparty where owner becameentitled to cancel shipbuilding contract – Charterers giving notice ofcancellation of charterparty – Whether owners had become entitled to cancelshipbuilding contract at time of charterers’ notice – Whether charterersvalidly cancelled charterparty