Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

LONDON AND OVERSEAS FREIGHTERS LTD. v. TIMBER SHIPPING COMPANY S.A.

[1970] 2 Lloyd's Rep. 207

COURT OF APPEAL

Before Lord Justice Salmon, Lord Justice Edmund Davies and Lord Justice Phillimore

Charter-party-Time charter-party-Redelivery of vessel-Whether hire at charter rate continues until redelivery if vessel used by charterers after expiry date of charter- Whether charterers in breach and owners entitled to damages only. Arbitration-Award-Interest on award-Power of arbitrators to award reasonable interest on sum awarded-Arbitration Act, 1950, sect. 20 -Whether award in excess of arbitrators' powers should be remitted for further award.

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