NYPE -- TIME CHARTER -- OFF-HIRE -- SEAWORTHINESS -- BUNKER -- ARBITRATION -- Partial Owner Award
Throughout the life of the time charter contract, the Vessel had experienced extensive engine problems which rendered the Vessel off-hire on several occasions. The Charterers billed the Owners for the off-hire time and claimed that the delays were because of Vessel unseaworthiness. The Owners, on the other hand, blame the Charterer-supplied, low-grade bunkers for the engine trouble.