Various disputes arose under an amended SUPPLYTIME 2005 form, as described below, that the parties referred to a panel of three arbitrators for determination. The three arbitrators were Members of the Baltic Exchange in the City of London and Full Members of the London Maritime Arbitrators Association ("the LMAA"). The...
Perhaps no surprise that the Owners raised this unsuccessful defence to a counterclaim for underperformance in the recent London Arbitration 9/23 (published in LMLN).
In London Arbitration 9/23, Owners contended that the Charterers’ counterclaim was time-barred due to delayed service of the defence submissions, based on their narrow interpretation...
Thanks to Voyagerhttps://www.voyagerportal.com/ for raising this interesting question and considering my brief comments below on this exciting topic.
Question: "What are the best practices you apply in your routine while working with demurrage?"
One must paint the whole picture of demurrage; knowledge of the entire process is key to establishing...
In this LMAA Arbitration, the tribunal also considered three minor counterclaims. One related to a dispute about the vessel's speed and performance.
The Underperformance claim
The charterers claimed $23,524.82 on the basis that there was underperformance on a voyage from Ponta Madeira to the South West Pass. They relied upon...
A balance freight and demurrage dispute arose under an amended GENCON 1994 voyage charter party for the carriage of bulk rice to two ports in West Africa. Each party appointed an arbitrator to determine the dispute with LMAA rules to apply. Of interest (as I rarely see this in...
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