Lloyd's Maritime Law Newsletter
12/91
Shipowners exercise lien on cargo for non-payment of freight - Whether entitled to recover damages for detention whilst exercising lien
The vessel was chartered on the Tanker Voyage Charterparty form (Vegoilvoy 1/27/50) for a voyage from South America to Iran.
By clause 2 of the additional printed clauses, freight was to be paid, less 4% address commission and estimated discharge
port disbursements within 10 working days after completion of loading and signing/releasing bills of lading. Clause 25 read: