Georgian Maritime Corporation v Sealand Industries (Bermuda) Ltd (The “North Sea”) - QBD (Com Ct)(Mance J) - 18 April 1997

Time Charter - Cancellation clause - Charterers cancelling charter contending that vessel was not at contractual place of delivery and/or was not contractually ready by cancelling date - Whether cancellation wrongful

The vessel North Sea was chartered on the Asbatime form for one timecharter trip of 15-25 days duration. The charterparty provided: