ANTCLIZO SHIPPING CORPORATION v. FOOD CORPORATION OF INDIA (THE “ANTCLIZO”) (No. 2)

[1991] 2 Lloyd's Rep. 485

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Hirst

Charter-party (Voyage) - Demurrage - Vessel arrived at Bombay - Whether vessel “entered at Custom House” - Whether vessel legally ready to discharge when notice of readiness tendered. Charter-party (Voyage) - Freight - Clause requiring balance to be paid on “settlement” - Proper construction of word “settlement” - Date when owners’ action accrued. Arbitration - Charter-party (Voyage) - Interest - Dispute under charter-party referred to arbitration - Arbitrator declined to award interest for period 1975-1983 - Whether issue res judicata - Whether an abuse of process of Court for arbitrator to decide as he did - Whether arbitrator guilty of technical misconduct in failing to award interest.