London Arbitration 16/23

Time charterparty - Bunkers on redelivery - Whether "price at both ends" extended to all bunkers on board on redelivery, even where shortfall exceeded 5 per cent allowance - Whether, in calculating compensation, the 5 per cent allowance should be ignored where it was exceeded - Whether vessel off hire due to crew change - Interest on wrongful deduction repaid late - LMAA Small Claims Procedure

The subject vessel was chartered on the terms of a charterparty evidenced by a fixture recap and based on an amended NYPE 1946 form. The charter was for a period of "abt 5 months to MAX 7 months inchopt [in charterers' option]".