Lloyd's Maritime Law Newsletter

Ship sale - Saleform 2012 as amended - Payment obligation - Payment not later than three banking days - Place of payment - Arbitration Act 1996, section 69

Time charter - Application for partial final award for hire - Clause forbidding deductions from hire for alleged underperformance claims - Whether the charterers' deductions from hire put them in breach of the clause - Whether the charterers could rely on the principles in The Kostas Melas - Timing of application - Interest

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)

Charterparty - Laycan - Inability of vessel to arrive within laycan - Breach of charterparty - Damages

Insurance (marine) - Mortgagee's Interest Insurance - Nature of interest under MII policy - Proximate cause of loss under MII policy - Privity of assured - Fortuity - Marine Insurance Act 1906, sections 14, 39 and 55

Contract of affreightment - Failure by owners to perform declaration - Whether subsequent performance of later declaration constituted delayed performance of earlier declaration