Lloyd's Maritime Law Newsletter

(2006) 692 LMLN 1 Shipowners claimed demurrage under a charterparty. Discharge was completed on 28 February 2005. On 7 March 2005, the owners sent the charterers a debit note covering demurrage for US$140,892.57. On 8 August 2005 action was..

(2006) 692 LMLN 4 By an option agreement dated 12 December 2003 (“the Option Agreement”), the defendant shipyard (“the Yard”) granted the claimant (“the Buyer”) an option exercisable at any time up to 31 January..

(2006) 692 LMLN 3 This defendant’s motor yacht Newfoundland Explorer valued at US$3 million was insured by the claimants. The insurance policy contained the term “Warranted fully crewed at all times”. On 25 April 2004 the vessel..

(2006) 692 LMLN 2 Disputes arose out of the termination of a shipbuilding contract dated 19 December 1997 (“the Contract”) made between the buyers and the yard for the construction of a chemical tanker at a price of US$38 million. The..