London Arbitration 5/06

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FIXTURE RECAP -- CHARTER PARTY -- TIME CHARTER RECAP "A.D.A. WOG" -- SPEED AND CONSUMPTION WARRANTY -- Owner Award The central conflict of this case is the language and intention of "A.D.A. WOG" (“All Details About Without Guarantee”) in the context of contracts. In this case, the Charterer claimed that the acronym only applies to the recaps containing “about” in their description. The Owner, on the other hand, argues that because - in this instance - it concludes the speed and consumption recap, it applies to all preceding statements.
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