Minerva Navigation Inc. v. Oceana Shipping AG; Oceana Shipping AG v Transatlantica Commodities S.A. (The “Athena”)
NYPE 1946 -- TIME CHARTER -- OFF-HIRE CLAUSE MEANING OF “LOSS OF TIME” -- Owner Award
Charterer was liable to pay for the off-hire period while drifting off the discharge port as there was no net loss of time as the discharge berth was unavailable.