London Arbitration 15/02

Time charter trip - Charter giving master option of rejecting defective cargo - Charter also providing that mate’s receipts for steel cargo could be claused with four specified conditions - Master suspending loading of steel cargo containing defects not covered by the four specified conditions - Charterers indicating no objection to appropriate clausing of mate’s receipts

The vessel was chartered on the NYPE form as amended for a trip from Novorossisk to West Africa. Clause 91 of the charter read: