Award N°1154 – Second degree – « Asbatankvoy » c-p – Damages to the vessel – Late delivery of the cargo – Unseaworthiness – Owner negligence – Commercial prejudice. A disponent owner (time-charterer) bears towards the voyage charterer all liabilities of the registered owner. He cannot be exonerated from its liabilities (nor benefit from the limitation of liability) when the vessel is unseaworthy because he was negligent in the management and operation. He must compensate the commercial prejudice suffered by the charterer because of the delay of the vessel and the delivery of the cargo.
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