GedenOperations has failed to persuade a London High Court judge that a more than $20mhire of the 58,000-dwt Bulk Uruguay (built 2011) was on GOA OK terms entitling a sub-charterer to send the vessel through theGulf of Aden without the owner’s consent.
TheNissan Kaiun owned vessel was chartered by Dry Bulk Handy Holdings to GedenOperations in mid 2010 for 35 to 37 months at $18,500 a day.
Thecourt
