United Kingdom: Marine/ Shipping

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Article
Deck Cargo, Letters Of Undertaking And Charterparty Rights: Can Operational Adjustments Defeat Underperformance Deductions
London Arbitration 11/26 examined whether a Letter of Undertaking provided for deck cargo carriage could modify charterers' rights to deduct hire for vessel underperformance. The tribunal's decision clarifies how operational adjustments necessitated by special cargo arrangements interact with standard charterparty performance warranties and hire payment obligations.
United Kingdom Transport
LA
Lester Aldridge LLP
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