Time Bar

“In a recently reported London Arbitration it was held that the six year contractual time bar ran from the moment each instalment of time charter hire fell due from the charterers, and not from the date of redelivery of the vessel. The cause of action for some outlays, including bunkers supplied by the owners, did not however accrue until redelivery.”

E. G. Arghyrakis & Co.
27th April 2016