i-law

Lloyd's Maritime Law Newsletter

15/85

Whether time shifting from anchorage to berth and deballasting is time on demurrage

The arbitration summarized above was also concerned with a dispute as to the period of demurrage. The relevant contractual terms ( viz the oil producer’s general terms and conditions) provided that total laytime allowed for loading should be 36 running hours beginning to run from 6 hours after notice of readiness was tendered berth or no berth. It was also provided that laytime should not include time used due to a number of express causes, and that in the absence of those excepted causes, the seller should pay to the buyer demurrage for all such excess time at a specified rate. It was further provided that the seller should not be liable to pay demurrage due to fault or failure of the vessel of if loading was suspended for vessel’s purposes.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2024 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.