TONZIP MARITIME (SINGAPORE) PTE LTD (FORMERLY NAMED TONZIP MARITIME LTD) v 2RIVERS PTE LTD (FORMERLY NAMED CORAL ENERGY PTE LTD)
[2026] 2 Lloyd's Rep 202
COURT OF APPEAL
Before Lord Justice Coulson,Lord Justice Zacaroli,Lord Justice Foxton
Charterparty (voyage) – Sanctions – Vessel having given notice of readiness – Charterers ordering lifting of a cargo of Russian oil – Owners refusing – EPS Sanctions Clause, sub-clause (C) – Reasonable judgment of owners – Risk of exposure to sanctions.