London Arbitration 3/26

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NYPE – TIME CHARTER – SPEED AND CONSUMPTION – WEATHER – CURRENTS

The dispute arose under a time charter on an amended NYPE form, between respondent owners and claimant charterers. The charterers claimed US$150,558.18 in alleged overpaid hire arising from underperformance of the vessel. The owners denied liability and counterclaimed US$61,516.48.

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