"MAISOL" (OWNERS) v. EXPORTLES, LTD.

(1938) 61 Ll.L.Rep. 65

KING'S BENCH DIVISION.

Before Mr. Justice Goddard.

Charter-party-Loading-Charter of vessel "now trading and expected ready to load end September/early October"- Charterers' option to cancel if vessel not ready at first loading port on or before Oct. 10-"6 (c). In the case of a vessel loading in October, charterers undertake to load vessel, clear the cargo, and present the master with bills of lading for signature in time to enable the pilot to take the vessel out of the port not later than Oct. 31, failing which charterers shall pay to the shipowner the actual amount paid to underwriters for extra insurance on current policies, excepting in cases of delay attributable to the fault of the shipowner, the shipowner crediting any rebate from underwriters as and when received"-Arrival at port of loading on Nov. 6-Claim by shipowners to extra premiums payable-Meaning of "loading in October"-Cause of delay -Arbitration-Award in charterers' favour-Case stated.