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 AI GIORGIS OIL TRADING LTD v AG SHIPPING & ENERGY PTE LTD (THE “MARQUESSA”)
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Lloyd's Law Reports

AI GIORGIS OIL TRADING LTD v AG SHIPPING & ENERGY PTE LTD (THE “MARQUESSA”)

[2022] 1 Lloyd's Rep. 357

QUEEN'S BENCH DIVISION((COMMERCIAL COURT))

Before Mr Justice Henshaw

Charterparty (Time) – Charterers failing to pay hire promptly – Whether clause permitting owners to suspend further performance for non-payment of hire was a penalty – Whether charterers’ failure to pay hire was repudiatory – Summary judgment – CPR 24.2.

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