LEGRANT settled a dispute on dispatch recoveryMay 4, 2019 · News
Legrant’s client, the large foreign grain trader, acted as a Seller of wheat on FOB Odessa terms.
The goods were loaded on the vessel well before the completion of laytime, however the vessel spent one more day at the port awaiting for phytosanitary certificates.
When calculating the dispatch, the Buyer failed to include the time spent on documents contemplation to the laytime. The Buyers considered it as detention of the vessel, and subsequently calculated it at the demurrage rate. The Seller disagreed with such calculations and applied to Legrant.
Legrant's lawyers have analyzed the situation and conducted a number of negotiations with the Buyer. As a result, the Buyer accepted Legrant's position and recalculated the dispatch. The dispute was resolved amicably.