VITESSE YACHT CHARTERS SL AND OTHERS v. SPIERS AND ANOTHER (THE “DEVERNE II”) [2003] EWHC 2426 (Admlty.)

[2004] 1 Lloyd's Rep. 179

QUEEN’S BENCH DIVISION (ADMIRALTY COURT)

Before Mr. Justice Gross

Charter-party (Time) - Charter of leisure yacht for holiday cruising - Yacht sustained damage by grounding due to negligence of charterers - Owners claimed damages for loss of use of yacht during period of repair - Whether owners represented to charterers that vessel would be “fully insured” so as to include consequential losses - Whether charterers’ maximum liability restricted to amount of security deposit.