National Shipping Company of Saudi Arabia v BP Oil Supply Company (The “Abqaiq”) – Court of Appeal (Ward and Tomlinson LJJ and Sir Mark Potter) – 12 October 2011

Demurrage – Whethzer claim compromised – Whether claim time-barred

The VLCC Abqaiq was chartered on terms of the BPVOY 4 charter as amended for a voyage from Freeport, Bahamas, to Singapore. The demurrage rate was US$70,000 per day. The charterparty incorporated the Vitol Interim Port Clause which provided: