London Arbitration 16/19

Arbitration
Written By Louise Glover

London Arbitration 16/19

“A NOR was held to be valid even though the ship was not in a condition to perform the service required when it was tendered. The Tribunal found that the lack of a second anchor, required for river navigation, was not critical since a substitute tug…

“A NOR was held to be valid even though the ship was not in a condition to perform the service required when it was tendered. The Tribunal found that the lack of a second anchor, required for river navigation, was not critical since a substitute tug could be ordered instead. The NOR tendered was therefore valid even though the Owners refused to deploy the tug as they considered it was "too expensive".”

George Arghyrakis
E. G. Arghyrakis & Co.
03rd September 2019

Louise Glover
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