Lloyd's Maritime Law Newsletter

Sale of ship – Vessel sold “free of average damage affecting … class” – Bilge keels found damaged on underwater inspection – Attending surveyor acting on behalf of Class recommending that repairs be carried out – Class head office issuing clean Class certificate – Seller tending notice of readiness for delivery – Whether NOR valid – Whether average damage affecting Class – Whether any failure to give valid NOR was “due to proven negligence” of seller – Norwegian Saleform 1993

Charterparty – Asbatankvoy form – Meaning of “OOS” – Laycan – Right of substitution – Substitute vessel – Materially less favourable – Repudiatory breach – Demurrage – Loss of income