Lloyd's Law Reports Plus

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

LANSAT SHIPPING CO LTD v GLENCORE GRAIN BV (THE “PARAGON”)

[2009] Lloyd's Rep Plus 41

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr Justice Blair

Charterparty (Time) – Late redelivery - Clause providing that charterers should pay market rate of hire from 30th day prior to maximum period date until actual redelivery – Whether clause a penalty.

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