London Arbitration 7/21

Charterparty – Deadfreight – Owners having option to load between 27,000 and 33,000 mt of coal cargo – Owners exercising option to load 33,000 mt – Maximum draft at loading berth preventing owners from loading full quantity of cargo – Whether charterers liable for deadfreight

The subject vessel was chartered for the carriage of a cargo of coal. The owners were given the option to load between 27,000 and 33,000 mt of cargo, and the charterers were bound to provide a safe port/berth at the specified terminal.