CETO SHIPPING CORPORATION V SAVORY SHIPPING INC

[2023] EWHC 2995 (Comm), King's Bench Division, Commercial Court, Charles Hollander KC, sitting as a High Court Judge, 24 November 2023

Litigation – Security – Impecuniosity – Stifling proceedings

In a litigation over the ownership of the proceeds of sale of the vessel Victor 1, the defendant owners sought security for costs from the claimant bareboat charterers.