US EditionSHIP OWNERS’ SALE OF CARGO IN EXERCISE OF LIEN FOR CHARTER PARTY FREIGHT
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SHIP OWNERS’ SALE OF CARGO IN EXERCISE OF LIEN FOR CHARTER PARTY FREIGHT
In Lord Marine Co S.A. v Vimeksim SRB D.O.O. (“The Lord Hassam”) [2024] EWHC 3305 the English High Court considered whether it could order the sale of cargo over which a shipowner was exercising a contractual lien as security for a claim brought in arbitration against charterers for unpaid charterparty freight, even though charterers did not own the cargo. A freight pre-paid bill of lading had been issued by owners for a cargo of corn in bulk ca…
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