On 27 October 2022 the Court of Appeal handed down judgment in MUR Shipping BV v RTI Ltd [2022] EWCA Civ 1406, finding that MUR (owners) could not rely on a force majeure clause in a COA to suspend performance, because they should have accepted payment of freight in euros (as opposed to US dollars, required by the contract) in exercise of their obligation to overcome the state of affairs resulting from the imposition of sanctions on RTI's (charterers) parent company.
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