Lukoil Asia Pacific PTE Ltd v Ocean Tankers (PTE) Ltd

Shipping – Carriage by sea. A maritime tribunal had erred in finding that the defendant owners' claim was time-barred under terms and conditions incorporated the LITASCO terms. In allowing the charterers' appeal, the Commercial Court held that a LITASCO cl 4 claim was a demurrage claim and the owners' claim was time-barred.

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