Case Nos: CL-2023-000206 and CL-2023-000207 - [2025] EWHC 1591 (Comm)

By a deed dated 14 July 2014, Guarantors guaranteed Charterers’ obligations to MT Kailash under the Kailash Charterparty up to a maximum of US$ 6 million (the ‘Kailash Guarantee’). By a deed dated 10 April 2015, Guarantors guaranteed Charterers’ obligations under the Ben Nevis Charterparty up to a maximum of US$ 7.5 million (the ‘Ben Nevis Guarantee’). The Ben Nevis Guarantee was revised on 12 June 2015. Both Guarantees were in materially similar terms. I will refer in more detail to the terms of the Guarantees in due course.