London Arbitraton 20/16

NYPE TIME CHARTER – UNDERPERFORMANCE – SHORT LOAD – BALANCE OF ACCOUNT – LMAA SMALL CLAIMS PROCEDURE – WHETHER CHARTERER OR OWNER RESPONSIBLE FOR COST OF SURVEYOR AND CRANE HIRE – SUEZ CANAL NRT – WITHOUT PREJUDICE AGREEMENT LATER REVOKED

The redelivery of a vessel from an 18 month time charter resulted in charterer withholding hire due to vessel short loading, claiming underperformance in regards to speed, and claiming damages related to a misrepresented Suez Canal NRT. Owner countered all of these and likewise claimed for the cost of surveyors present whilst de-bunkering and the cost of a shore crane.

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