Posts from December 2018

At first it looks like just another time limitation wrangle, but London Arbitration 19/18 [(2018) 1010 LMLN 3] also offers insight into differing roles within a familiar broking structure and a brief look at some of the law of agency. 
The main parts of a laden charterparty transit are the carrying voyage and the discharge. Owners take the cost risk of the first of these and (with aggregate laytime for all cargo operations) the second is charterers’ concern. To see who pays for what, the parties must identify when one ends and the other begins, and to signpost this the parties use NOR and agree restrictions on how, when and where that may be given. 
 
The related notions of port or berth charterparties, an arrived ship and WIPON and other such shorthands all concern who pays when a vessel is delayed by congestion in reaching the berth, and the straightforward London Arbitration 16/18 [(2018) 1007 LMLN 3] prompts this quick review. 
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