Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

MARGARONIS NAVIGATION AGENCY, LTD. v. HENRY W. PEABODY & CO., OF LONDON, LTD.

[1964] 2 Lloyd's Rep. 153

COURT OF APPEAL

Before Lord Justice Sellers, Lord Justice Pearson and Lord Justice Diplock

Charter-party-Laytime-Loading deliberately delayed by charterers but completed within laytime-Liability of charterers for detention.

-Loading - "Full and complete cargo" - Right of charterers to load full cargo - Effect of master's declaration of quantity of cargo required - Whether loading of 12,588 tons 4 cwt. out of 12,600 tons constituted loading a "full and complete cargo" requiring charterers to enable vessel to sail before laytime expired -Applicability of "de minimis" rule.

"De minimis" rule-Applicability to quantity of cargo loaded and so abrogating charterers' right to load full cargo.

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