SPAR SHIPPING AS v GRAND CHINA LOGISTICS HOLDING (GROUP) CO LTD
[2015] 2 Lloyd's Rep. 407
QUEEN'S BENCH DIVISION(COMMERCIAL COURT)
Before Mr Justice Popplewell
Charterparty (Time) – Guarantee – Whether valid and enforceable – Hire – Owners withdrawing vessels for non-payment of hire – Whether obligation to make punctual payments of hire a condition – Measure of damages – Whether arbitration costs recoverable under guarantee – New York Produce Exchange 1993 form.