London Arbitration 9/19

Charterparty– Owner ordering newbuilding and chartering out vessel for four years –Charterparty entitling charterers to cancel charterparty where owner becameentitled to cancel shipbuilding contract – Charterers giving notice ofcancellation of charterparty – Whether owners had become entitled to cancelshipbuilding contract at time of charterers’ notice – Whether charterersvalidly cancelled charterparty

Following the declaratory award in London Arbitration 8/19 ((2019) 1025 LMLN 2) the tribunal proceededto determine a further preliminary issue, namely: