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London Arbitration- deductions for underperformance and stevedore overtime expenses

Decisions Prokopios Krikris - March 19, 2023

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...

London Arbitration- unpaid admitted demurrage amount

Decisions Prokopios Krikris - March 16, 2023

The vessel was chartered on an amended NORGRAIN Form to carry soya beans in bulk from Paranagua to Rizhao. Disputes arose between the parties...

LIST OF 890 PUBLISHED LMAA AWARDS, 1979-2022

Maritime Arbitration Practice Prokopios Krikris - March 07, 2023

I am pleased to present the third guidebook published for free as part of a series of “Snapshot Guides” on charter disputes that I...

Issue 8: Underperformance- extrapolation is not allowed?

Practical issues Prokopios Krikris - February 08, 2023

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...

War risks additional premiums – whether as per London market

Other Prokopios Krikris - February 01, 2023

The vessel was chartered on an amended NYPE 1946 form for a trip to Hodeidah- an area exposed to war risks. A dispute arose...

Underperformance claim- whether the vessel was misdescribed

Decisions Prokopios Krikris - January 02, 2023

The charterers relied on a report issued by WRC to support an underperformance claim. The charterers based their claim on a breach of...

Speed and Consumption Claim: deck logs as evidence- swell means “no adverse swell”

Decisions Prokopios Krikris - November 28, 2022

After the vessel’s redelivery, the owners claimed unpaid hire. The charterers denied liability and made a counterclaim concerning the vessel’s underperformance. Consequently, the dispute...

Deviation- whether the master’s decision was justified

Decisions Prokopios Krikris - November 02, 2022

The vessel was chartered on an amended NYPE form for a voyage from a port in Thailand to a port in China. One of...

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