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Lloyd's Maritime Law Newsletter

London Arbitration 10/16

Charterparty - Time-bar - Owners claiming balance of hire and other sums - Charterers withholding hire on basis of off-hire and equitable set-off - Whether claim was for balance of account - Date of accrual of owners' causes of action - Whether owners' claims time-barred

Disputes arose under a time charter under the NYPE form, clause 5 of which provided:

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