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Lloyd's Maritime Law Newsletter

13/90

Interim award - Claim by head charterer against sub-charterer for balance of hire “indisputably due” - Whether arguable right of set-off in respect of payment of hire made by sub-charterer direct to registered owners

The vessel was chartered by the registered owners on the N.Y.P.E. form. The charterers sub-charterers the vessel on the N.Y.P.E. form for a time charter trip. The two charters were on a back-to-back basis. For ease of reference the registered owners will be referred to as O, the head charterers and disponent owners will be referred to as D and the sub-charterers will be referred to as C.

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