London Arbitration 1/09

GENCON — WHARFAGE AND WATCHMEN FEES FOR EXTENDED DISCHARGE TIME — DEMURRAGE AS JUST COMPENSATION — DELAYS BEYOND CHARTERER’S CONTROL — Partial Charterer, Partial Owner Award

This award follows up an earlier decision under London Arbitration 23/07 for the same voyage, and addresses two new points: 1) who is responsible for dues paid by Owner resulting from the delayed discharge; and, 2) whether time is interrupted for discharging delays that are beyond Charterer’s control e.g. awaiting shoreside equipment and personnel.