Matter
Gravelor Shipping Limited v GTLK Asia M5 Limited and GTLK Asia M6 Limited ([2023] EWHC 131 (Comm))
- 27 January 2023United Kingdom
27 January 2023United Kingdom
Judgment of the High Court of Justice, Commercial Court in case CL-2022-000493 dated 27 January 2023
High Court of Justice, Commercial Court (KBD)
- Citation
- [2023] EWHC 131 (Comm)
- Decision summary
- The court held on the summary judgment application that Gravelor’s rights under the charterparties’ clause 18.3 were not defeated by the Owners’ failure to make a demand within a reasonable time or by Gravelor’s arguable breach of its redelivery obligation. It held that clause 8.10 required the Owners to nominate an alternative account into which the clause 18.3 payment could be made and concluded that damages were clearly not an adequate remedy for the requested transfer of the two vessels. The precise form of the specific-performance order was left to depend on Gravelor satisfying the clause 19.3 condition, with consequential matters to be agreed and referred to the court for directions.
Supporting details
22 authorities · 10 participantsGravelor Shipping Limited
- Representative
- Alexander Wright KC (For: Gravelor Shipping Limited)
- Representative
- Edward Jones (For: Gravelor Shipping Limited)
- Representative
- HFW LLP (For: Gravelor Shipping Limited)
GTLK Asia M5 Limited
- Representative
- Chris Smith KC (For: GTLK Asia M5 Limited · GTLK Asia M6 Limited)
- Representative
- Andrew Leung (For: GTLK Asia M5 Limited · GTLK Asia M6 Limited)
- Representative
- Tatham & Co (For: GTLK Asia M5 Limited · GTLK Asia M6 Limited)
GTLK Asia M6 Limited
- Representative
- Chris Smith KC (For: GTLK Asia M5 Limited · GTLK Asia M6 Limited)
- Representative
- Andrew Leung (For: GTLK Asia M5 Limited · GTLK Asia M6 Limited)
- Representative
- Tatham & Co (For: GTLK Asia M5 Limited · GTLK Asia M6 Limited)
High Court of Justice, Commercial Court (KBD)
- Judge
- Foxton J