Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

B.S. & N. LTD. (BVI) v. MICADO SHIPPING LTD. (MALTA) (THE “SEAFLOWER”)

[2001] 1 Lloyd's Rep. 341

COURT OF APPEAL

Before Lord Justice Waller, Lord Justice Rix and Lord Justice Jonathan Parker

Charter-party (Time) - Termination - Repudiatory breach - Majors approval clause - Owners to obtain approval for vessel from major oil companies - Whether owners’ failure to obtain Exxon approval a repudiatory breach - Whether owners entitled to damages for wrongful termination.

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