Lloyd's Maritime Law Newsletter

Charterparty – Vessel detained at Venezuelan port while waiting to load cargo – Whether charterers liable for financial consequences of detention.Arbitration – Appeal – Whether permission required to appeal arbitration award where charterparty provided that either party might appeal to High Court on any question of law.

Charterparty – Hire – Owners withdrawing vessel for non-payment of hire – Whether charterers in repudiatory breach – Damages – Rate of discount to be applied for accelerated payment and future risks – Interest.