Award N° 1115 – Barecon c-p – Unpaid hire. A defaulting charterer, not paying hire and showing a deceptive behaviour by hiding the geographical position of both vessels after the legitimate cancellation of the c-p, must not only remit unpaid hire in full but also be liable for penalties because of late redelivery, as provided for by the governing law (Algerian law in the case).
| Award 1115
- 13 June 2005
Chambre Arbitrale Maritime de Paris 
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