Lloyd's Maritime Law Newsletter
Fulton Shipping Inc of Panama v Globalia Business Travel SAU (The “New Flamenco”) – QBD (Comm Ct) (Popplewell J) [2014] EWHC 1547 (Comm) – 21 May 2014
Charterparty – Anticipatory breach – Damages – Time-charterers redelivering vessel early – Whether owners bound to give credit for value of vessel sold on repudiation for greater sum than value of vessel at contractual date of redelivery
The
vessel
New Flamenco, a small cruise
ship, was time-chartered by the claimant owners to the defendant charterers on the
NYPE form from 13 February 2004 to (as found by the arbitrator) 2 November
2009.