Zodiac Maritime Agencies Ltd v Fortescue Metals Group Ltd (The “Kildare”) – QBD (Com Ct)(David Steel J) – 28 April 2010

Charterparty – Consecutive voyage charterparty -Repudiatory breach – Quantum of damages

On 5 December 2007 the claimant owners (“Zodiac”) concluded a Consecutive Voyage Charterparty (“the CVC”) with the defendant charterers (“FMG”). The CVC was a contract for 5 years for Western Australia/China consecutive voyages on the vessel Kildare. The contractual cargo was iron ore concentrates in bulk to be loaded at Port Hedland for carriage to China, although FMG had an option to load coal or iron ore for other discharge ports within India/Japan range.