Read the full judgment text of HCAJ 000343/1997 on BabelCite. This HCAJ judgment was delivered on 9 December 1997.
1. The ship Britannia ("the Vessel") owned by the Plaintiff ("the Owners") was demise chartered to the Defendant, a Taiwanese charterer ("the Defendant"). The Bareboat charterparty dated 1st November 1995 ("the CP") was for a period of 26 months. Daily Charter Hire in the amount of US$2,000 was payable every month in advance without deductions, set-off or transfer costs. By Clause 9(g) of the CP, it was provided that in default of payment beyond of a period of 10 running days, the Owners have th