Tag Archives: “Demurrage

Parties to a contract: demurrage liability under sales contracts – lessons learned from Gunvor SA v. CruGas Yemen Ltd & CruGas Ltd [2018] EWHC 2061 (Comm)

Two Ocean Tankers’ vessels were held in Houthi-controlled Hodeidah, Yemen in 2016 due to a payment dispute. That dispute – for around US$19 million (excluding interest) – has now been decided by an interesting commercial court decision that highlights the … Continue reading

Posted in Admiralty-Maritime Law | Tagged , , , , , , , , , | Leave a comment

“Demurrage claims” for the purposes of documentary time bars

On 2 February 2018 the Commercial Court allowed an appeal from a decision of the Arbitration Tribunal  in Lukoil Asia Pacific Pte Ltd v Ocean Tankers Pte Ltd. The Judgment serves as a reminder to Owners to ensure that, if … Continue reading

Posted in Admiralty-Maritime Law | Tagged , , , , , | Leave a comment