Tag Archives: BPVOY4

Court considers whether Owners were reasonable in withholding their approval of Charterers’ proposed discharge vessels

In Falkonera Shipping Co v Arcadia Energy Pte Ltd (The “Falkonera”), the Court considered issues arising from the Claimant Owners’ withholding of approval to discharge from the chartered VLCC to two other VLCCs by STS transfer. Charter Terms Owners chartered the “FALKONERA”, a VLCC, to the Defendant Charterers on an amended BPVOY4 form. Clause 8.1 … Continue Reading
LexBlog