Notice Of Readiness: EOSP vs. Customary Anchorage

Recapped in this issue of The TANKVOYager is London Arbitration 12/06 which among other subjects, deals with the tender of NOR prior to the Vessel’s arrival at the customary anchorage; as required in Asbatankvoy as well as certain other boilerplates. Thus, the intention of this article is to look at both London and New York arbitrators’ respective approaches to the tender of NOR at end of sea passage (EOSP) when the underlying C/P requires NOR be tendered from the customary anchorage.