Tricon Energy Ltd v MTM Trading LLC [2020]

Commercial Court
Written By Louise Glover

Tricon Energy Ltd v MTM Trading LLC [2020] EWHC 700 — 23 March 2020 (Knowles J CBE)

“An amended Asbatankvoy covered one of two parcels carried for different charterers. Laytime / demurrage was to be pro-rated according to B/L quantities. The CP specified that a demurrage claim required "claim/invoice in writing and all supporting d…

“An amended Asbatankvoy covered one of two parcels carried for different charterers. Laytime / demurrage was to be pro-rated according to B/L quantities. The CP specified that a demurrage claim required "claim/invoice in writing and all supporting documents... within [90] days after completion of discharge". The SOF incorrectly recorded B/L quantities. The Court allowed an appeal from an arbitration, finding that the B/Ls themselves should have been provided. Owners' claim for US$56,049.36 demurrage was time-barred.”

Antonino Cordopatri
E. G. Arghyrakis & Co.
25th March 2020

Louise Glover
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