Mar 28, 20221 minLaytime / demurrageDemurrage compensates only for lost freight?If laytime is exceeded, demurrage kicks in to compensate a shipowner for the loss of prospective freight earnings. But is that all...
Nov 30, 20212 minLaytime / demurrageDemurrage, time bars and time zonesAn interesting one for those in commercial operations. What time zone should be used to determine whether a demurrage claim is time...
Jan 24, 20211 minLaytime / demurrageDemurrage & time barA voyage charter normally has rider clauses requiring owners to submit specified documents within a certain period of time when making a...
Dec 31, 20201 minVoyage charterLaytime stops if discharge is delayed by government interferences?Submitting false documents for clearance of cargo is never a good idea. In the case of The Muammer Yagci [2018], it led to a 4.5 month...
Dec 30, 20201 minLaytime / demurrageDemurrage claims, supporting docs & time barsWhen submitting a demurrage claim, C/Ps usually requires the owner to submit all supporting documents within a certain time period after...
Dec 31, 20191 minLaytime / demurrageDemurrage claim docs - owners need to re-submit what charterers already have?When making a demurrage claim C/Ps usually require submission of all supporting documents. But what are these? What if some of them are...
Dec 31, 20191 minLaytime / demurrageLeaving the berth due to bad wx - laytime clock stops?Ordering a vessel off the berth in anticipation of bad weather is standard protocol ports follow for safety reasons. This could (and does...
Dec 23, 20181 minSale contractsSales contract & C/P are separate documentsIn Gunvor v Crugas [2018] a sales contract was concluded for sale of gasoline CIF Hoeeidah. It required the buyer to pay “demurrage as...
Dec 16, 20181 minLaytime / demurrageVessel waiting for orders - a demurrage or detention claim?In the absence of a clause giving a party the right to direct the vessel to wait for orders, they nonetheless order the vessel to wait...
Aug 26, 20181 minLaytime / demurrageA case of mistaken identity when serving demurrage documentsGiven that there can be multiple brokers involved in chartering, it can sometimes be difficult to identify for which party is a broker...