STEWART CHARTERING LTD. v. OWNERS OF THE SHIP “PEPPY” STEWART OFFSHORE SERVICES (JERSEY) LTD. v. SILAN MARITIME CO. AND TZORTZOPOULOS (THE “PEPPY”)

[1997] 2 Lloyd's Rep. 722

QUEEN’S BENCH DIVISION(ADMIRALTY COURT)

Before Mr. David Steel, Q.C. Sitting as a Deputy Judge of the High Court

Admiralty practice - Arrest of vessel - Management agreement - Vessel arrested in respect of outstanding balance of account - Allegations of breach of contract and fiduciary duty with regard to management of vessel - Allegations of dishonesty with regard to receipt of certain sums of freight and commission - Whether arrest repudiatory of management agreement and wrongful - Whether plaintiffs entitled to recover balance.