top of page
All Articles
NORD YOUNG


The Notice of Readiness: The Most Disputed Document in Shipping
Every major demurrage dispute begins somewhere. In the vast majority of voyage charter party claims, the starting point is not the cargo, not the port, and not the rate. It is a single document that determines when the laytime clock begins to run. That document is the Notice of Readiness (NOR), and its deceptively simple function, notifying the charterer that the vessel has arrived and is ready to perform, generates more litigation in the English courts and before London arbi
6 days ago8 min read


Demurrage in a Disrupted Market: What Cargo Interests and Charterers Need to Know
In normal market conditions, demurrage disputes are a routine feature of the shipping industry; frustrating, often contentious, but generally predictable in their mechanics. In a market shaped by the kind of disruption we are currently seeing in the Persian Gulf, with vessels stranded, ports congested, and voyage timelines collapsing, demurrage claims are going to multiply in volume and complexity at a rate the industry has not seen in decades. What Demurrage Actually Is Demu
Mar 316 min read
bottom of page
