Lloyd's Maritime Law Newsletter
London Arbitration 8/21
Demurrage – Charterers failing to pay demurrage invoice – Owners subsequently invoicing charterers for reduced amount – Charterers still failing to pay – Owners bringing arbitration proceedings to recover full amount – Whether owners restricted to recovering reduced sum claimed in second invoice – Whether implied term that reduced amount would be accepted in exchange for prompt payment
By a charterparty on the Gencon 94 form evidenced by a fixture note, the claimant owners chartered the subject vessel to the
respondent charterers for a voyage from India to Saudi Arabia with a cargo of barite lumps in bulk.
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