Navig8 Chemicals Pool Inc v Aeturnum Energy International Pte Ltd (The “Navig8 Ametrine”) (No 2) – QBD (Comm Ct) (Christopher Hancock QC sitting as a Judge of the High Court) [2021] EWHC 3435 (Comm) – 20 December 2021

Practice – Costs – Whether to be assessed on standard or indemnity basis – Interest – Judgment sum awarded in US dollars – Whether interest to be awarded on basis of US Prime Rate or US dollar LIBOR

On 23 November 2021 the court gave judgment in favour of the claimant disponent owners against the defendant charterers in the sum of US$390,838 (see (2022) 1098 LMLN 2). This was the court’s judgment on costs and interest.