TELFAIR SHIPPING CORPORATION v. ATHOS SHIPPING CO. S.A., SOLIDOR SHIPPING CO. LTD., HORIZON FINANCE CORPORATION AND A.N. COMINOS (THE "ATHOS")

[1983] 1 Lloyd's Rep. 127

COURT OF APPEAL

Before Lord Justice Stephenson, Lord Justice Kerr and Lord Justice Purchas

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.