CETO SHIPPING CORPORATION V SAVORY SHIPPING INC (THE "VICTOR 1")

[2025] EWHC 2033 (Comm), King's Bench Division, Commercial Court, Mrs Justice Cockerill DBE, 31 July 2025

Charterparty (bareboat) – Construction – Title to transfer at the end of the charterparty – Whether "sums due" – Termination of management agreement

There was a substantial commercial and then procedural history to this judgment, which boiled down to the following. Savory had, by a bareboat charterparty on 28 February 2019, chartered the vessel Victor 1 to Ceto.