TELFAIR SHIPPING CORPORATION v. ATHOS SHIPPING CO. S.A., SOLIDOR SHIPPING CO. LTD., HORIZON FINANCE CORPORATION AND A.N. COMINOS (THE "ATHOS")
[1981] 2 Lloyd's Rep. 74
QUEEN'S BENCH DIVISION(COMMERCIAL COURT)
Before Mr. Justice Neill
Charter-party (Time) - Withdrawal - War risk insurance - Charterers failed to reimburse owners for extra war risk premiums - Owners withdrew vessel - Whether withdrawal wrongful - Whether owners had complied with reimbursement clause - Whether charterers in breach of payments clause - Whether owners waived right to treat failure to pay as a breach by accepting hire - Whether charterers entitled to damages - Assessment - New York Produce Exchange.