Where a charterparty clause states that no deductions from hire can be made without the consent of Owners, can Charterers nevertheless withhold payment of hire if the Vessel may be off-hire at the instalment date, on the grounds that the non-payment of hire that is not due does not constitute a deduction? David Owens, Director, and Caroline Stewart, Senior Associate, summarise an important High Court decision in Fastfreight Pte Ltd v Bulk Trident Shipping Ltd
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David Owens Caroline Stewart
Director Senior Associate
david@cjclaw.com caroline@cjclaw.com