Progress Bulk Carriers Ltd v Sylvia Shipping Co Ltd and Anr (The “Sylvia”) – High Court (Natal Provincial Division) (Levinsohn DJP) – 1 April 2008

Admiralty jurisdiction – Vessel arrested by charterers to provide security for claim in London arbitration – Owners applying for counter-security to cover claims in same arbitration – Intermediate hold cleaning – Owners having right to sell vessel during currency of charter – Whether charterers should provide counter-security

(2008) 753 LMLN 2(2)