INTERNATIONAL BULK CARRIERS (BEIRUT) S.A.R.L. v. EVLOGIA SHIPPING CO. S.A., AND MARATHON SHIPPING CO. LTD. (THE "MIHALIOS XILAS")
[1978] 2 Lloyd's Rep. 186
QUEEN'S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice Donaldson
Charter-party (Time) - Hire - Non-payment - Whether owners entitled to temporarily withdrew vessel until hire paid - Whether charterers entitled to repayment of hire - Whether "escrow hire" payment a penalty.