RTI Ltd v MUR Shipping BV - [2024] UKSC 18, Supreme Court (Lord Hodge, Lord Lloyd-Jones, Lord Hamblen, Lord Burrows and Lord Richards) - 15 May 2024

Sanctions - Contract of affreightment - Force majeure affecting delay in loading and discharge - Exercise of reasonable endeavours - Dollar payments required by the contract - Offer to pay in euros - Whether sanctions could have been overcome by acceptance of non-contractual performanceSanctions - Contract of affreightment - Force majeure affecting delay in loading and discharge - Exercise of reasonable endeavours - Dollar payments required by the contract - Offer to pay in euros - Whether sanctions could have been overcome by acceptance of non-contractual performance

This was an appeal from the decision of the Court of Appeal [2023] 1 Lloyd's Rep 463, which by a majority had overturned the judgment of Jacobs J, [2022] 2 Lloyd's Rep 297.