Lloyd's Maritime Law Newsletter
Lord Marine Co SA v Vimeksim Srb DOO (The Lord Hassan) [2024] EWHC 3305 (Comm) - King's Bench Division, Commercial Court (Bryan J) - 14 October 2024
Sale of cargo - Effect of lien - Arbitration Act 1996, section 44
On 12 April 2024 a voyage charterparty was entered into in respect of the vessel
Lord Hassan between Lord Marine (owners) and Vimeksim (charterers). The charterparty consisted of a recap and Synacomex 2000 standard
terms. It stated: "Freight to be paid by Charterers 100[%] less commission in USD currency ...". Clause 21, the lien clause
provided that: "The Owners shall have a lien on the cargo for freight, deadfreight, demurrage and average contribution due
to them under this Charter Party".