London Arbitration 22/17

London Arbitration 22/17

“An amended Asbatankvoy relieved Charterers from "all liability in respect of any claims....unless such claim has been presented to Charterers in writing with supporting documents within 30 days from completion of discharge...". NORs from load ports…

“An amended Asbatankvoy relieved Charterers from "all liability in respect of any claims....unless such claim has been presented to Charterers in writing with supporting documents within 30 days from completion of discharge...". NORs from load ports had been provided after loading; Owners' demurrage claim and other supporting documents followed later, within the deadline. Cumulatively the material was sufficient to support the claim. The Tribunal held that the Clause did not require simultaneous submission of claim and supporting material, thus rejecting Charterers' time-bar defence.”

Antonino Cordopatri
E. G. Arghyrakis & Co.
13th September 2017

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OMV Petrom SA v Glencore International AG [2017]

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London Arbitration 21/17