London Arbitration 11/26

Time charter - Deductions from hire - Whether contrary to terms of a letter of undertaking (LOU) in relation to carriage of deck cargo - Whether the LOU varied or qualified the charterparty obligations relating to performance - LMAA Small Claims Procedure (SCP)

The subject vessel was chartered by the claimant owners to the respondent charterers on an amended NYPE 1993 form for one time charter trip of about 50 to 70 days in the charterers' option.