London Arbitration 3/18

Demurrage – Whether claim time-barred – Whether notice of readiness valid Charterparty – Charterers failing to provide cargo and cancelling contract – Whether owners affirmed contract – Whether owners entitled to damages for repudiatory breach

By a voyage charterparty dated 28 November 2012 evidenced by a fixture recap dated the same day, the claimant owners chartered their vessel to the respondent charterers for the carriage of a part cargo of oil from Sri Racha, Thailand to China.