Grand China Logistics Holding (Group) Co. Ltd v Spar Shipping AS (Rev 1) [2016]
Grand China Logistics Holding (Group) Co. Ltd v Spar Shipping AS (Rev 1) [2016] EWCA Civ 982 (Gross LJ, Hamblen LJ) - 07 October 2016
“Absent a clear contractual indication, payment of hire under time charterparties is not a condition. Time is not presumed of essence and is generally an innominate term, whose breaches may range from the trivial to the grave.”
Antonino Cordopatri
E. G. Arghyrakis & Co.
12th October 2016