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ARTICLE · 20 MARCH 2017

Piracy – Additional Premium And Crew Costs

In London Arbitration 11/17 it was held in respect of a charter on an amended NYPE 93 form, incorporating the BIMCO Piracy clause and the Conwartime clause, that: ..

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In London Arbitration 11/17 it was held in respect of a charter on an amended NYPE 93 form, incorporating the BIMCO Piracy clause and the Conwartime clause, that:

  1. A claim for reimbursement of additional premium (AP) for transiting the Gulf of Aden and a call to Yemen was not analogous to a claim for hire but gave rise to a claim in debt. In this case there was no express or implied right to equitable set off of the debt and so the AP was payable by Charterers to Owners (such sums being payable within 15 days of receipt of the Owners' supported invoices or on redelivery under the Conwartime and BIMCO Piracy clauses). Charterers could then counterclaim in respect of any alleged breach of charter.

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