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Shipping

SHIPPING CORPORATION OF INDIA LTD. versus MARE SHIPPING INC.

The vessel fulfilled its contractual obligation by arriving at customary anchorage at Vadinar and tendering Notice of Readiness, thereby starting lay time for demurrage calculation. Responsibility for the inability to safely moor at SBM and costs associated with diversion to Mumbai, including demurrage, lay with the Charterers who nominated the SBM despite knowledge of the vessel's mooring equipment. The parties' contractual agreements (including Addendum and Charter Party clauses) allocated such risks and obligations to Charterers.

  • Demurrage
  • Charter party
  • Arbitration under arbitration & conciliation act, 1996
  • Notice of readiness
  • Lay time
  • Obligations under charter party
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