Trafigura Maritime Logistics Pte Ltd v Clearlake Shipping Pte Ltd (The “Miracle Hope”) – QBD (Comm Ct) (Henshaw J) [2020] EWHC 726 (Comm) – 26 March 2020

Practice – Mandatory injunction – Letter of indemnity – Cargo discharged without production of bills of lading – Bank arresting vessel – Disponent owners applying for mandatory injunction compelling defendant to provide security to enable release of vessel – Whether defendant liable on indemnity – Whether indemnity applied in circumstances of case – Whether sufficient urgency – Whether mandatory injunction should be granted

On 26 April 2019 the claimant chartered the VLCC Mineral Hope from her owners, Ocean Light Shipping Inc (Ocean Light) on an amended Shelltime 4 form. On 21 August 2019 the claimant sub-chartered the vessel to Clearlake Chartering USA Inc (CUSA) on an amended Shellvoy6 form for a voyage from Brazil to the Far East Singapore-Japan range (the CUSA charterparty).