NIPPON YUSEN KUBISHIKI KAISHA v. GOLDEN STRAIT CORPORATION (THE “GOLDEN VICTORY”) [2003] EWHC 16

[2003] 2 Lloyd's Rep. 592

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr. Justice Morison

Charter-party (Time) - Redelivery - Charterers’ option for period - Construction - Time charter for seven years - Option to charter back vessel at three and five years - Vessel redelivered - Owners treated redelivery as repudiatory breach - Whether charterers entitled to redeliver vessel under charterers’ option for period.