“Black Falcon” Shipping Corporation Of India Ltd. –v- NSB Niederelbe Schiffahrtsgesellschaft M.B.H & Co.

[1991] 1 Lloyd’s Rep. 77

Timothy Brenton – Charter-party (Time) – Redelivery – Option to extend charter – Owners regarded charter extended for six months to Mar. 31 – Vessel performed last voyage under protest – Vessel redelivered on May 23 – Proper construction of option – Whether last voyage completed at charter-party rate – Date from which owners’ damages should be calculated