9/90

Demurrage - Ship used as storage facility pursuant to charterparty prior to discharging - Validity of notice of readiness given while ship acting as storage facility

The vessel was chartered on the Asbatankvoy form. Clause 8 provided for 6 hours notice always to be allowed to the charterers even if the ship was already on demurrage. Clause 32 gave the charterers an option to use the ship for up to 20 days as a floating storage facility against the payment of hire amounting to $13,000 per day. The charterers exercised that option and the ship lay off the discharge port acting as a storage facility.