Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

COLONIAL BANK v. EUROPEAN GRAIN & SHIPPING LTD. (THE “DOMINIQUE”)

[1987] 1 Lloyd's Rep. 239

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr. Justice Hobhouse

Charter-party (Voyage) - Freight - Non-payment - Bank gave notice of assignment to charterers - Vessel arrested by creditor - Owners unable or unwilling to continue voyage - Charterers incurred transhipment costs - Whether bank entitled to claim freight from charterers - Whether charterers entitled to right of set off.

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