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'''Background'''
Owners (as disponent owners) let the bulk carrier “Globe Danae” to Charterers on an amended NYPE form for a one voyage time charter trip consisting of one laden leg, to carry a cargo of metallurgical coke in bulk via India to Brazil, the duration to be about 40-50 days.
The charter, which was subject to English law and LMAA arbitration in London, provided for the vessel to be on hire from delivery until her redelivery, in good order and condition, fair wear and tear excepted and for the master to prosecute the voyage with utmost despatch and to be under Charterers’ employment orders. It also included the following hull fouling provision (clause 86):
