London Arbitration 9/16

TIME CHARTER - CHARTERER’S FAILURE TO PROVIDE OR REFUND BUNKERS UPON REDELIVERY - WHETHER OWNER OBLIGATED TO MITIGATE LOSS - Owner Award A vessel was time chartered with the provision that Charterer would supply bunkers before redelivery. When Charterer was unable to pay for bunkers upon redelivery and further failed to reimburse Owner for when Owner arranged and paid for the bunkers, Owner commenced arbitration. In turn, Charterer claimed Owner failed to mitigate losses when Owner allegedly wasted 2 days arranging the bunkers.