London Arbitration 19/19

Arbitration – Jurisdiction – Whether respondents were party to charterparty containing London arbitration clause

The claimant owners contended that a time charter on the NYPE form was concluded between them and the respondents (the charterers) for a period of “about 2–3 months in Charterers option ...” in respect of the subject vessel, and that the charterers were in breach by not paying the third hire instalment. Ultimately the owners withdrew the ship and sought to claim unpaid hire and other losses.