London Arbitration 19/18

London Arbitration 19/18

“By a COA involving several voyages on amended Asbatankvoy terms, Owners' demurrage claims were subject to a 30-day documentary time-bar, running from the day after discharge completed, requiring supporting material to be sent "to Charterers". Owners sent documentation to brokers whose name appeared in a commission clause of the charters. The Tribunal found that those brokers were intermediated brokers whose principals were neither Owners nor Charterers and whose only duty was to pass on messages up and down the chartering chain. Owners could not therefore establish receipt of the documentation by Charterers in time and their claims were time barred.”

Louise Glover
E. G. Arghyrakis & Co.
22nd August 2018