MV Tai Harmony: Sure Success Steamship SA v MV Tai Harmony and Others (AC2764/2023)
MV Tai Harmony: Sure Success Steamship SA v MV Tai Harmony and Others (AC2764/2023) [2024] ZAECQBHC 33; 2024 (4) SA 640 (ECGq) (23 April 2024)
The court found that the applicant had established a prima facie claim for increased security in respect of its unpaid bunker claim, arising from PBL-Belize's breach of the Charter Party by failing to pay for bunkers and allowing a lien to be created over the vessel. The urgency of the application was justified by the imminent hearing of the main application, and the procedural requirements for urgency and fair hearing were met. The court held that it retained admiralty jurisdiction, as the respondents had submitted to the court's jurisdiction by furnishing security and participating in the p…
Source excerpt
- Security Arrest
- Associated Ship Liability
- Charter Party Breach
- Urgent Application Procedure
- Maritime Lien
- Foreign Arbitration Security