Golden President Shipping Corporation v Bocimar NV (The “Channel Alliance”) – QBD (Com Ct)(Cooke J) – 31 January 2008

Charterparty – Profit sharing agreement – Vessel chartered for 5 years with charterers’ option to extend for 2 additional years – Charter providing that owners and charterers would share the profit “over the basic charter period of 5 years” – Charterers exercising options to extend for additional 2 years – Whether profit-share agreement applied to last 2 years

(2008) 737 LMLN 1