1/90

Laytime - Notice of readiness tendered and accepted before certificate of compliance issued

The vessel was chartered under the Asbatankvoy as amended to carry a cargo of crude oil from Africa to the U.S. for discharge into lighters. The charterparty provided that the vessel was to comply with all U.S. Coast Guard regulations and contained a warranty by the owner that at all necessary times the vessel would have on board all certificates required for service in the United States.