A Revisit to The “Ocean Virgo”  EWHC 3405 (Comm) - Dr. Arun Kasi
Dr. Arun Kasi, 4-5 Gray's Inn Square
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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