When the Strait of Hormuz, the Panama Canal, or other critical trade routes face disruption, commercial stakeholders often focus on logistics. The more important question may be legal: when does a disruption genuinely excuse contractual performance, and when is it simply a risk allocated by the contract?
This submission examines why, under English common law, rerouting around the Cape of Good Hope is rarely enough to relieve a charterer of its obligations.
Direct link to the main article: https://sc.mp/lcxj0