Transfield Shipping Inc of Panama v. Mercator Shipping Inc of Monrovia (The “Achilleas”) – Court of Appeal, 6 Sep 07
TIME CHARTER -- LATE REDELIVERY -- LOST PROFITS UNDER SUBSEQUENT FIXTURE -- LIABILITY -- Owner Award
This arbitration appeal deals with the damages that a time-charterer is liable to pay to a shipowner for any late redelivery of the chartered Vessel.