VAGRES COMPANIA MARITIMA S.A. v. NISSHO-IWAI AMERICAN CORPORATION (THE “KARIN VATIS”)

[1987] 2 Lloyd's Rep. 361

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr Justice Leggatt

Charter-party (Voyage) - Freight - Vessel carried additional cargo - Charterers paid 95 per cent. of freight - Vessel lost on voyage - Whether owners entitled to last 5 per cent. of freight and accrued load port demurrage - Whether owners entitled to additional freight for additional cargo.