London Arbitration 18/18

Arbitration
Written By Louise Glover

London Arbitration 18/18

“A Tribunal held that a time charter providing "liability for cargo claims... shall be apportioned/settled as specified by the Interclub... Agreement... 1996 and its subsequent amendments..." did not incorporate Clause 9 of the ICA as added in 2011 …

“A Tribunal held that a time charter providing "liability for cargo claims... shall be apportioned/settled as specified by the Interclub... Agreement... 1996 and its subsequent amendments..." did not incorporate Clause 9 of the ICA as added in 2011 - providing for the counter-securing of cargo claims — but only those parts of the ICA dealing with settlement and apportionment.”

Louise Glover
E. G. Arghyrakis & Co.
12th September 2018

Louise Glover
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