Islamic Republic of Iran Shipping Lines v. Zannis Compania Naviera S.A. - Q.B.D. (Com.Ct.) (Hobhouse J.) - 9 October 1990

Whether charterers entitled to reimbursement of war risk insurance premiums from shipowners - Whether award should be remitted to arbitrator

In 1983 the vessel was chartered on the Gencon form for the carriage of a cargo from Scandinavia to Bandar Khomeini. The charterparty provided: “War risk insurance, blocking and trapping, insurance, crew bonuses, to be for owners’ account”.