OCEAN MARINE NAVIGATION LIMITED v. KOCH CARBON INC. (THE “DYNAMIC”) [2003] EWHC 1936 (Comm)

[2003] 2 Lloyd's Rep. 693

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr. Justice Simon

Charter-party (Time) - Redelivery - Hire - Vessel arrested by charterers - Whether hire continued to be payable - Whether charterers in repudiatory breach of contract in redelivering vessel - Owners not accepting repudiation - Whether owners bound to accept charterers’ repudiation and sue for damages - Whether owners were entitled to recover damages for repudiatory breach equivalent to the hire for the period of the arrest