Clyde & Co Shipping Update – What “delay” counts towards cancellation?

The “OCEAN VICTORY” –– Court of Appeal clarifies “abnormal occurrence” in a safe port warranty

The Court of Appeal overturned the first instance decision in the matter of the “OCEAN VICTORY” and found that time charterers had not directed the vessel to an unsafe port. In the process, the Court clarified what constitutes an “abnormal occurrence” in the context of a safe port warranty.

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Clyde & Co LLP