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'''CONTRACT OF AFFREIGHTMENT: FORCE MAJEURE EVENT: US RUSSIAN SANCTIONS PREVENTED PAYMENT OF FREIGHT IN US DOLLARS: WHETHER “REASONABLE ENDEAVOURS” EXTENDED TO ACCEPTING PAYMENT IN (NON-CONTRACTUAL) EUROS INSTEAD OF (CONTRACTUAL) US DOLLARS: WHETHER OWNERS OBLIGED TO “OVERCOME” FORCE MAJEURE EVENT BY ACCEPTING ALTERNATIVE PERFORMANCE OF PAYMENT OBLIGATION: ARBITRATION ACT 1996 SECTION 69 APPEAL ON A POINT OF LAW'''
'''Note'''This decision has been overruled by a judgment of the Supreme Court dated 15 May 2024 - see here [[https://www.onlinedmc.co.uk/index.php/MUR_Shipping_BV_v_RTI_Ltd_-_Supreme_Court_Decision]]
'''Summary'''