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Showing contexts for: laytime in Ispat Industries Ltd vs Shipping Corporation Of India Ltd on 16 October, 2009Matching Fragments
viii) ....
It should be noted that time loss owing to crane breakdown and/or other reasons for which owners were responsible were excluded from the laytime when preparing the laytime statements. The Tribunal has perused all the material documents on record. The Tribunal holds that owners have successfully established their claim for demurrage on both the vessels. The Respondent has not shown that the balance freight has been paid. The claim for the balance freight is also allowed."