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MUR SHIPPING BV v RTI LTD

Lloyd's Law Reports Plus

MUR SHIPPING BV v RTI LTD

[2022] Lloyd's Rep. Plus 69

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Jacobs

Contracts (contract of affreightment) – Force majeure – Sanctions against parent company of charterer – Contract of affreightment specifying payment in dollars – Charterer requesting to pay in euros – Reasonable endeavours – Substitution of local currency for contractual currency – Arbitration – Appeal under section 69 of the Arbitration Act 1996.

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