Wednesday, March 22, 2023

LIST OF 890 PUBLISHED...

Maritime Arbitration Practice
I am pleased to present the third guidebook published...
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London Arbitration- deductions for underperformance and stevedore overtime expenses

Decisions
Disputes arose under an amended NYPE 1993 form and came before two LMAA arbitrators for determination. The Owners claimed a balance of US$238,077.18 due to them, and the Charterers claimed a balance in Charterers' favor of US$245.99. In their Defence submissions, the Charterers attached a hire invoice for US$39,008.29...

London Arbitration- unpaid admitted demurrage amount

Decisions
The vessel was chartered on an amended NORGRAIN Form to carry soya beans in bulk from Paranagua to Rizhao. Disputes arose between the parties and were referred for determination to a sole arbitrator under the LMAA Terms. Owners served their Claim Submissions that included an email from the Charterers confirming...

LIST OF 890 PUBLISHED LMAA AWARDS, 1979-2022

Maritime Arbitration Practice
I am pleased to present the third guidebook published for free as part of a series of “Snapshot Guides” on charter disputes that I write. Given my daily involvement with charter disputes and the parties’ extensive reference to LMAA Awards during settlement negotiations, I started in 2015 to prepare for...

Issue 8: Underperformance- extrapolation is not allowed?

Practical issues
Everyone that has access to the circulated vessel's position list in the market, containing the vessel's description clause, will observe that more or less the clause includes one of the following terms about "extrapolation". In the parties' minds, each term is precise and serves the same purpose: restrict any...

War risks additional premiums – whether as per London market

Other
The vessel was chartered on an amended NYPE 1946 form for a trip to Hodeidah- an area exposed to war risks. A dispute arose concerning the amount of the extra war risk insurance premium payable by the charterers. Consequently, the parties referred the dispute to arbitration in London. The...
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