Lloyd's Maritime Law Newsletter

Contract – Long-term agreement for exclusive supply of bitumen – Contract entitling either party to terminate for other party’s breach on service of notice requiring breach to be remedied within specified period – Supplier terminating agreement for repudiatory breach at common law without serving contractual notice – Whether termination lawful – Whether time of payment of invoice of the essence – Whether supplier’s damages should be assessed at nil.

Charterparty - Time-bar - Owners claiming balance of hire and other sums - Charterers withholding hire on basis of off-hire and equitable set-off - Whether claim was for balance of account - Date of accrual of owners' causes of action - Whether owners' claims time-barred