London Arbitration 22/18

London Arbitration 22/18

“A time charter performance warranty was based on "good weather condition" (Beaufort 4 etc.) but without specifying the period it must subsist in order to qualify. The Tribunal rejected an argument that at least 12 hours of good or bad weather in any noon to noon period should characterise weather. Although performance was ultimately decided on other grounds, the Tribunal suggested that a better method was to look at weather conditions at the beginning and end each 6-hour period within any noon to noon 24 hours in order to characterise a weather day.”

Louise Glover
E. G. Arghyrakis & Co.
28th November 2018