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A Revisit to The “Ocean Virgo” [2015] EWHC 3405 (Comm) - Dr. Arun Kasi

Dr. Arun Kasi, 4-5 Gray's Inn Square

 

This article (in the same or a different version) previously appeared on Lloyd’s Shipping & Trade Law, Vol. 21, No. 7, September 2021, p. 5 and The Marine Law Box, No. 7, January, 2022.

In time charterparties, the owner will give a speed-consumption warranty on sea passages subject to good weather, i.e. that the vessel is capable of achieving a certain minimum speed and that at this speed she will consume so much fuel. For example, the warranty may read like this: the vessel is capable of performing about 12.5 knots speed on about 36 mt IFO 380 per day in good weather conditions of wind force not exceeding code 4 in Beauford scale and sea state not exceeding code 3 in Douglas sea scale.

 

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