Lloyd's Maritime Law Newsletter
White Rosebay Shipping SA v Hong Kong Chain Glory Shipping Ltd (The “Fortune Plum”) – QBD (Comm Ct) (Teare J) [2013] EWHC 1355 (Comm) – 23 May 2013
Charterparty – Renunciation – Time charterers renunciating charterparty by failing to pay hire – Whether owners affirmed charter – Whether charterers continued to renounce charterparty
This was an appeal
from an arbitration award determining that although there had been a
renunciation of a time charter of the vessel
Fortune Plum by the defendant charterers, the claimant owners had,
before terminating the charterparty, affirmed the charterparty.