GOLDEN STRAIT CORPORATION v. NIPPON YUSEN KUBISHIKA KAISA (THE “GOLDEN VICTORY”)

[2005] 1 Lloyd's Rep. 443

QUEEN’S BENCH DIVISION (COMMERCIAL COURT)

Before Mr. Justice Langley

Charter-party (Time) - Damages - Each party having right to cancel charter in event of war between U.K. and Iraq - Charter-party to terminate in 2005 - Repudiation of charterparty by charterers in 2001 - War breaking out in 2003 - Owner’s measure of damages - Whether damages ran from date of repudiation to outbreak of war in 2003 or from date of repudiation to later date on which charter-party due to terminate - Appeal against award of arbitrator - Arbitration Act, 1996, s. 69.