London Arbitration 10/11

Charterparty – Freight – Tanker voyage charter - Freight payable at Worldscale rate – Worldscale not having any rate for discharge port – Charterers subsequently agreeing to pay port expenses – Whether separate agreement – Amoco Claims Clause – Owners’ claim for port charges/ freight not presented within stipulated period – Whether claim time-barred

The vessel, a VLCC, was chartered for a voyage which included discharging at Caofeidian, China. Freight was to be payable at the rate of WS160. Normally Worldscale (WS) rates included an element for port costs. However, Worldscale did not have an established rate for Caofeidian.