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A Smart judgment for owners: An owner can demand payment of freight under a Bill of Lading even if head charterers have paid hire in full

In a recent judgment of the English Commercial Court, The M/V Smart , which will be welcomed by owners, Mr Justice Butcher held that a shipowner could demand direct payment of freight under a bill of lading even though the bill of lading stated that the freight was payable “as per charterparty” and the vessel’s time charterer was not in default.

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