Lloyd's Maritime Law Newsletter
The “Chem Orchid” – Singapore High Ct (Steven Chong J) [2015] SGHC 50 – 18 February 2015
Admiralty jurisdiction – Whether person liable on claim in personam was demise charterer of arrested vessel at time of issue of writs in rem – Whether demise charter validly terminated prior to issue of writs – Whether redelivery of vessel necessary to terminate demise charter – Whether writs in rem should be set aside
Han
Kook Capital Co Ltd (HKC) was the registered owner of the vessel
Chem Orchid. By a Vessel Lease Contract
(the Lease Agreement) entered into between HKC and Sejin Maritime Co Ltd
(Sejin) on 1 February 2010 HKC leased
Chem
Orchid
to Sejin for a total of 108 months. The Lease Agreement was governed
by Korean law and was akin to a charter by demise.