Lloyd's Maritime Law Newsletter

Disputes arose between the claimant sellers and the defendant buyers arising out of the sale in 2007 of an oil tanker. The buyers said that the sellers misrepresented the condition of the vessel. The sellers commenced arbitration proceedings against..

On 23 September 2005 the vessel was chartered on an amended Shelltime 4 form for a period of about 10 years. Clause 64 of the charter provided: “64 Tanks, Lines and Pumps Suitability Owners warrants that vessel will arrive at each load..

The vessel Aquafaith was chartered on an amended NYPE form dated 19 September 2006 for a duration of 59–61 months. The charter also included a warranty that the vessel would not be re-delivered before the minimum period of 59 months which, in..

The VLCC Kos was chartered on the Shelltime 3 form for 36 months (plus or minus 15 days at charterers’ option). Clause 13 provided that the master should be under the orders and directions of the charterers and that the charterers should..