Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

OCM MARITIME NILE LLC AND ANOTHER v COURAGE SHIPPING CO AND OTHERS (THE "COURAGE" AND THE "AMETHYST")

[2023] 1 Lloyd's Rep. 13

COURT OF APPEAL

Before Lord Justice Underhill,Lord Justice Newey,Lord Justice Males

Charterparty (demise) - Effect of sanctions - Registered owner seeking possession of vessels - Construction of charterparty terms - Entitlement to buy vessel at end of charterparty period - Relief from forfeiture - Risk of becoming subject to sanctions regime - Barecon 2001.

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