Tuesday, December 5, 2023

 

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Latest Articles

Speed and Consumption Claims (Part I): A practical perspective, Prokopios Krikris

Overview
"..it was trite law that where a charter provided a performance warranty the first step was for the tribunal to establish how the vessel performed in good weather conditions as defined in the charter. If a vessel underperformed by one knot in good weather, it would probably continue to...

Tankers: Slow pumping claims 1984 – (?) , Prokopios Krikris

Articles
London Maritime arbitrators frequently determine issues related to slow pumping claims. So, this raises an important question: why slow pumping claims provoke debate in the shipping industry? Because this is a perennial problem that results to financial exposure; one can refer to the arbitration awards published between 1984-2017 and to...

A Snapshot Guide to Laytime & Demurrage -A tribute to Maritime Arbitrators-Prokopios Krikris

Laytime & Demurrage
40 years published London Maritime Arbitration Awards (1980-2020)- A Tribute to Maritime Arbitrators Laytime and Demurrage disputes have been the subject of litigation or arbitration for decades. So, legal literature is abundant, along with case law and arbitration awards on this complex topic. From 1980 to 2020, interesting cases have come...

London Arbitration 6/21- performance and off spec bunkers

Decisions
The wording of the clause did not expressly state "no adverse currents," which may distinguish this case from previous awards on similar points. It also highlights that trivial differences in fuel specification may not bar a claim against the Owners in particular, as there was a significant loss of...

Laytime and demurrage: quantum meruit failed

Decisions
In case of delay before the vessel's berthing, Owners may argue that they should be compensated based on 'quantum meruit' to overcome the usual defences on a damages claim - as usually discussed in similar cases.Compensation by quantum meruit was argued in limited cases: Arb 19/98, Arb 18/17, Arb...
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