London Arbitration 13/22

BREACH BY CHARTERER – EXCESS BUNKERS – REDELIVERY NOTICE – NYPE 1946 – QUANTIFICATION OF LOSS - FIXTURE RECAP A vessel was chartered by a fixture recap incorporating the terms of an amended NYPE 1946 form. Charterer delivered the vessel back to her owner with excess bunkers and insufficient redelivery notices. Arbitration began to quantify the loss due to the two admitted charter breaches. The charterer admitted to the breaches of the charter, but claimed that the term “ABT” in the contract should offer them extra allowances in terms of the excess bunkers. The owner claimed that with sufficient redelivery notice they could have found alternative employment for the vessel.
To access this content, you must either Log In or Subscribe.