London Arbitration 2/24

SPD/CONS ARE ABOUT, UNDER GOOD WEATHER CONDITION I.E. THE WINDS NOT EXCEEDING BF4, EVEN KEEL, NO DECK CARGO, NO SWELL,NO ADVERSE CURRENTS, THE SEA STATE UP TO DOUGLAS SEA SCALE 3(MAX 1.25M) THE WORD ABOUT IN SPEED/CONSUMPTION REFERS TO AN ALLOWANCE OF +/- 0.5 KNOTS ON SPEED AND +/- 5% ON BUNKER CONSUMPTION RESPECTIVELY BOTH ALWAYS IN VESSEL’S FAVOUR. ANY GAIN ON TIME AND/OR CONSUMPTION TO BE SET OFF AGAINST LOSS OF TIME AND/OR CONSUMPTION – IF ANY.

ABT 12 KNOTS ON ABT 19 TONS VLSFO + 0,1 MT LSMGO IN PORT: WORKING 4MT VLSFO + 0,1 MT LSMGO, IDLE 2.5MT VLSFO + 0,1 MT LSMGO.”

BUNKERS ON DELIVERY ABOUT 730-770 MT VLS IFO AND ABT 25-40 MT LS MGO BUNKERS ON REDLY ABT SAME AS ON DELIVERY SAME PRICES AT BOTH ENDS USD 750 MT VLSIFO AND USD 1175 PMT LSMGO ANY MINOR DIFFERENCES BETWEEN DELIVERY/REDELIVERY TO BE SETTLED IN THE FINAL HIRE STATEMENT AT ABOVE PRICES OWISE AS PER BASE CP CLAUSE.”

Clause 67 Weather Routing – The Charterers may supply an independent weather bureau advice to the Master, during voyages specified by the Charterers and the Master shall comply with the reporting procedure of the weather bureau. However, the Master remains responsible for the safe navigation and choice of route.  Alternatively, the Charterers have the option to instruct the Master to report daily to a weather bureau during the execution of sea voyages. The weather bureau may subsequently produce a performance analysis report.” 

Evidence of weather conditions shall be taken from Vessel’s logs. Consideration of minimum 24hr continuous good weather periods from noon to noon.  No hire deductions for alleged underperformance claims. Vessel to be monitored by Charterers appointed weather routing company strictly in accordance with the performance warranty. The independent weather reporting bureau appointed by Charterers will be for their account. This does not preclude Owners from appointing their own independent weather reporting bureau for their account which evidence along with vessel’s evidence shall be taken into consideration by all parties …”

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