Lloyd's Maritime Law Newsletter
Hellenic Petroleum Cyprus Ltd v Premier Maritime Ltd – QBD (Comm Ct) (Flaux J) [2015] EWHC 1894 (Comm) – 1 July 2015
Arbitration – Jurisdiction – Whether arbitrator had substantive jurisdiction – Whether parties agreed terms of time charter including London arbitration clause
Between March and September 2010 Hellenic chartered Premier’s LPG tanker
Navigas 1. Hellenic's case was that that
was a hybrid arrangement on an interim basis which was not a time charter as such
because it was of no defined duration. Premier's case was that the charter was
a time charter for a year, alternatively for an indefinite duration. It was common
ground that the charter did not include any form of arbitration clause.