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Mookda Naree: Off-hire when a vessel is under arrest | Hellenic Shipping News Worldwide

In Navison Shipping A/S v Precious Pearls Ltd & Ors (the “Mookda Naree”)¹, the English Commercial Court recently considered whether a vessel was off-hire when she was arrested by a third party. The decision is an important reminder of the importance of careful drafting of off-hire provisions, and any applicable provisos, as well as a .

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