Lloyd's Maritime Law Newsletter
Wajilam Exports (Singapore) Pte Ltd v Transpacific Eternity SA (The "Gallant II") - High Court (Durban and Coast Local Div)(Pillay MS) - 31 January 2003
Shipowners bringing London arbitration proceedings claiming indemnity from time-charterers in respect of shipowners' liability to cargo interests - Shipowners seeking security in South Africa in respect of London arbitration proceedings - Time-charter incorporating NYPE Inter Club Agreement - Whether shipowners had made out prima facie case justifying provision of security
The vessel Antares III was charted on the NYPE form. Clause 36 of the charter provided: