London Arbitration 18/17

London Arbitration 18/17

“Pursuant to voyage charterers' orders, owners interrupted loading operations and later claimed additional load port expenses. The Tribunal rejected owners' arguments that i) charterers' instruction were uncontractual because charterers were exercising their right to use the allowed laytime as they wished and ii) owners were entitled to be indemnified for expenses incurred for following charterers' orders because it was a voyage charter so expenses lie where they fall. Nevertheless, the Tribunal awarded owners reimbursement of additional load port expenses on the basis of an inferred oral agreement between the parties.”

Antonino Cordopatri
E. G. Arghyrakis & Co.
05th July 2017