Periods of armed conflict and geopolitical disruption inevitably prompt questions about whether charterparties can be brought to an end under the English law doctrine of frustration. With continuing disruption, heightened security risk and delay affecting shipping in the Persian Gulf and Strait of Hormuz, shipowners and charterers may be considering whether current fixtures have been, or may yet become, frustrated by delay. Under English law, frustration remains an exceptional remedy. The bar is deliberately high, […]