ALIAKMON MARITIME CORPORATION v. TRANS OCEAN CONTINENTAL SHIPPING LTD. AND FRANK TRUMAN EXPORT LTD. (THE "ALIAKMON PROGRESS")
[1978] 2 Lloyd's Rep. 499
COURT OF APPEAL
Before Lord Denning, M.R., and Lord Justice Geoffrey Lane
Charter-party (Time)-Guarantee-Charterers paid part of hire-Owners claimed on guarantee- Vessel suffered damage at Icelandic port and off hire-Whether guarantor entitled to set off and equitable set off-New York Produce Exchange form.