Award N°1164 – Gencon C-P – Carriage of refrigerated cargo – Speed warranty : maximum safe speed – Vessel arrived at disport behind schedule – No evidence of bad weather – Fruit market price fall at the date of arrival – Monetary loss. English law to apply. A speed warranty must encompass the weather conditions en route. Evidence of bad weather to be shown by owners but not fully substantiated. Unjustified speed reduction drove to delay and fruit market price at port of destination fall below what it would have been, had the vessel arrived timely. Loss computed on the basis of the difference between published prices at date of expected delivery and those at date of actual delivery.
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