Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

LONDON AND OVERSEAS FREIGHTERS LTD. v. TIMBER SHIPPING COMPANY S.A.

[1971] 1 Lloyd's Rep. 523

HOUSE OF LORDS

Before Lord Reid, Lord Morris of Borth-y-Gest, Lord Guest, Lord Donovan and Lord Cross of Chelsea

Charter-party - Time charter-party - Redelivery of vessel - Whether hire at charter rate continued until redelivery if vessel used by charterers after expiry date of charter - Whether charterers in breach and owners entitled to damages only. Arbitration - Award - Interest on award - Power of arbitrators to award interest on sum awarded - Arbitration Act, 1950, sect. 20.

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