AWARD ON THE DISPUTE OVER DEMURRAGE AND DEAD FREIGHT FOR M.V. “MP PANAMAX 2”
[2020] 3 CMCLR 48 (CMAC)
CHINA MARITIME ARBITRATION COMMISSION(BEIJING)
Voyage charter party – Demurrage and dead freight – Whether the ship owner performed the duty of declaration of deadweight tonnage of cargo – When the ship owner submitted the notice of readiness (NOR) – When the lay time calculated and what the ground of the calculation – Liability of causing demurrage – Whether the charterer should pay for dead freight – Whether the charterer was entitled to claim the loss of cargo price because of the delay – Article 50 of Maritime Code of the People's Republic of China (CMC).