Global Maritime Investments Ltd v STX Pan Ocean Co Ltd (The “Dimitris L”) (No 2) – QBD (Com Ct)(Christopher Clarke J) – 8 August 2012

Charterparty – US Gross Transportation Tax – Chain of time charters – BIMCO recommended clause – Whether disponent owners in chain entitled to reimbursement in respect of contractual liability to reimburse superior owners

The vessel Dimitris L was chartered under a chain of time charters on an amended NYPE form. Sea Rose Marine SA (“Sea Rose”) was head owner; STX Pan Ocean Co Ltd (“Pan Ocean”) was head charterer; Global Maritime Investments Inc (“Global Maritime”) was first sub-charterer; Navios International Inc (“Navios”) was second sub-charterer; and Sangamon Transportation Group (“Sangamon”) was third sub-charterer.