London Arbitration 10/19

DEMURRAGE – DESPATCH – WHETHER NOTICE OF READINESS TRIGGERED WHEN SIGNED BY OWNER’S AGENT – LAYTIME – LOADPORT ANALYSIS REPORTS – SALES CONTRACTFollowing a delay in discharging cargo, the Seller claimed demurrage from the Buyer. The Buyer contended that laytime commenced at a later date, since the Seller had failed to provide loadport analysis reports as provided in the sales contract and a requirement to the tender of notice of readiness. Further, the notice of readiness provided by the Seller was sent to X, the notify party, who the Seller believed was an agent of the Buyer.  The Buyer stated...