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Key Trends In Contractual Negotiations - Coronavirus (COVID-19) mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
Introduction
The COVID-19 pandemic has had a profound impact on the shipping industry and led to many disputes. However, owing to the prevalence of arbitration in resolving shipping disputes, and the time taken for cases to progress through the courts, there have been few reported cases detailing the pandemic s impact on the industry. In January 2021 the Admiralty Court handed down one of the first judgments dealing with this matter in
P&O Princess Cruises International Ltd v The Demise Charterers of the Vessel Columbus ([2021] EWHC 113 (Admlty)).
Facts
Two cruise ships, the Columbus and the Vasco da Gama (the vessels), formed part of the Cruise and Maritime Voyages (CMV) fleet and were demise chartered to single purpose companies within the CMV Group (Lyric Cruise Ltd and Mythic Cruise Ltd, respectively).