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Lloyd's Maritime Law Newsletter

Petroleum Shipping Ltd v Vatis (The “Sun”) - QBD (Com Ct)(Timothy Walker J) - 9 May 1997

Contract - Charterparty concluded by oral discussions and written communications between brokers - Agency - Whether defendant personally liable under charterparty

The defendant, Captain John T Vatis, was involved for many years in Kronos Maritime Agency SA (“Kronos Maritime”) a company managing a fleet of vessels owned by one-ship companies. By September 1994 the business of Kronos Maritime had declined, and the last remaining vessel transferred to new managers.

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