London Arbitration 11/23

Time charterparty - Late redelivery in February 2020 after entry into force of IMO 2020 fuel regulations - Liability for de-bunkering of HSFO - Value of HSFO, whether distressed sale - Hull cleaning - Apportionment of costs

Disputes arose under a charterparty made in May 2019 between the disponent owners of the subject vessel and the charterers. The charterparty was evidenced by a fixture recap email and based on an earlier charterparty between the same parties on an amended NYPE form.