AI GIORGIS OIL TRADING LTD v AG SHIPPING & ENERGY PTE LTD (THE “MARQUESSA”)
[2022] 1 Lloyd's Rep. 357
QUEEN'S BENCH DIVISION(COMMERCIAL COURT)
Before Mr Justice Henshaw
Charterparty (Time) – Charterers failing to pay hire promptly – Whether clause permitting owners to suspend further performance for non-payment of hire was a penalty – Whether charterers’ failure to pay hire was repudiatory – Summary judgment – CPR 24.2.